13.03.2024
Husqvarna Group has signed an agreement with Rivulis Irrigation to acquire ETwater, a pioneer in smart irrigation management for the commercial market in North America. As part of Orbit within the Gardena Division, ETwater will become the nucleus for a newly formed unit, dedicated to providing solutions for enterprise customers.
Husqvarna Group has signed an agreement with Rivulis Irrigation to acquire ETwater, a pioneer in smart irrigation management for the commercial market in North America. As part of Orbit within the Gardena Division, ETwater will become the nucleus for a newly formed unit, dedicated to providing solutions for enterprise customers.
ETwater is servicing customers ranging from municipalities, commercial facilities, and campuses to large residential communities with water management solutions. Both Orbit’s and ETwater’s systems integrate data science and predictive analytics about weather and other environmental variables to automatically create and program site-optimized irrigation schedules.
“Husqvarna Group has a leading position in residential watering in North America, and adding ETwater’s strong team and proven technology combined with our B-Hyve capability gives us the opportunity to expand our commercial offering in the North American market,” says Pär Åström, President Gardena Division.
ETwater has a total of ten employees and sales amounted to 2.6 MUSD in 2023. The formal transaction is expected to close in March 2024.
About Gardena
For over 50 years Gardena has provided everything passionate gardeners need. The broad assortment of products offers innovative solutions and systems for watering, lawn care, tree and shrub care and soil cultivation. Today, Gardena is a leading European supplier of high-quality gardening tools and distributed in more than 100 countries worldwide. Gardena is a brand of Husqvarna Group. Gardena Division has 3,450 employees worldwide. Further information on gardena.com.
Husqvarna Group
Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as cutting equipment and diamond tools for the light construction and stone industries. With an innovative mindset, we are dedicated to deliver high-quality solutions ranging from robotic mowers to chainsaws, watering systems and power cutters, with a strong focus on our customers and future generations.
Founded in the Swedish town Huskvarna in 1689, we have been pioneers in our business for more than three centuries. Today, we are mainly operating under the Husqvarna and Gardena brands, serving consumers and professionals in over 100 countries through direct sales, dealers, and retailers. Headquartered in Stockholm, Sweden, Husqvarna Group employs approximately 13,300 people in 40 countries and reported net sales of SEK 48,4 billion in 2024. Husqvarna Group is listed on Nasdaq Stockholm.