Aliaxis choses Head of newly created Aliaxis Next division

Source: press release, 31 January 2022

Head of Aliaxis Next, Fredrik Östbye
Head of Aliaxis Next, Fredrik Östbye (photo: Aliaxis)

Aliaxis, enabler of access to water and energy through inventive fluid management solutions, has announced the creation of its new Aliaxis Next division and the appointment of Fredrik Östbye as the Head of this new division.

Aliaxis Next is a key part of Aliaxis’ growth strategy, focusing on adjacent growth opportunities with a focus on real societal impact. This new division will select, incubate, nurture, and grow businesses from new domains, notably to improve water management.

Aliaxis Next is made up of 3 vehicles: a venture builder for incubation of new business; mergers and acquisitions in both new domains and tech; and venturing, which aims at taking minority positions or forging technology partnerships with promising start-ups, which Aliaxis already begun in 2020.

Eric Olsen, Aliaxis CEO, says, “As part of our Growth with Purpose strategy, Aliaxis Next will target adjacent markets with growth tailwinds and creating a positive impact on society. In this distinct division, we will gather the right skillset to build up new entrepreneurial businesses, including in new technologies. I am delighted to welcome Fredrik Östbye, who is a born entrepreneur and brings to Aliaxis hands-on experience and a successful track record in building start-ups in green tech.”

Fredrik Östbye, Head of Aliaxis Next, comments, “I am thrilled to join Aliaxis. In this new Division, we will go for new businesses and forge technology partnerships with promising start-ups to develop new solutions and services in sustainable water management, resilient water infrastructures and water for food production. All three important contributions to solving SDG6, Water and Sanitation.”