Oxford, UK, March 10th 2020 – Oxford Flow, the flow control equipment specialist for oil, gas, water and industrial process industries, today announces that GF Piping Systems, a division of Georg Fischer (GF), has made an initial investment into its water and industrials business to access new technology in support of GF’s innovation strategy.
Oxford Flow will use the investment to accelerate the company’s transition to a fully self-sustained business. The investment will also act as a catalyst for a further capital raise from its existing investors. The funding will see the company scale up its R&D, business development and operational activities as it extends its global reach.
The Oxford Flow pressure regulating valve is one of the company’s key innovations; developed to support the water industries to deliver continual supplies of potable water and meeting ever-increasing standards for water quality, leakage control and other levels of service. The development of the intelligent valve further enhances Oxford Flow’s reputation of providing the most advanced automation and digitalisation solutions to support the water industries’ vision of creating truly smart water networks.
Joost Geginat, President of GF Piping Systems, says, “This investment partnership marks an important step for us and will drive additional innovations. Oxford Flow’s technology will help reduce non-revenue water from operators’ distribution networks. By adding this technology to our portfolio, GF Piping Systems strengthens the resilience of the entire water management cycle and addresses the need for safety, reliability, efficiency and hygiene in the distribution of this valuable resource.”
Neil Poxon, CEO of Oxford Flow, adds, “Never before has GF invested in a technology organization like us. It signals a shift for the utility sector; the sector is demanding more smart systems and we are pioneering them. This funding is a massive vote of confidence in our team, our technology and the bright future ahead. Innovation is in our DNA and together with GF, we believe we can make a remarkable impact on the way water and gas distribution networks are managed globally.”
About Oxford Flow
Oxford Flow designs and manufactures innovative pressure control equipment using technology developed at Oxford University. Engineered to be smaller, lighter and more reliable than competing technology, Oxford Flow’s pressure-reducing valves (PRVs) and gas pressure regulators can significantly reduce costs for energy, water and process industries.
About GF Piping Systems
GF Piping Systems is the global expert for the safe and reliable transportation of water, chemicals and gases. The company specializes in plastic piping systems and system solutions plus services in all project phases. GF Piping Systems is active with its own sales companies in 34 countries and more than 30 production locations around the world. In 2019, GF Piping Systems generated sales of CHF 1.802 billion and employed 6,892 people. GF Piping Systems is a division of Georg Fischer AG, which was founded in 1802, and is headquartered in Schaffhausen, Switzerland.
Megain Buchan, Aspectus Group
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