M&A Deal Summary

Spirax-Sarco Engineering Acquires Flow Smart

On November 25, 2015, Spirax-Sarco Engineering acquired manufacturer Flow Smart for 6M GBP

Acquisition Highlights
  • This is Spirax-Sarco Engineering’s 1st transaction in the Manufacturing sector.
  • This is Spirax-Sarco Engineering’s 8th largest (disclosed) transaction.
  • This is Spirax-Sarco Engineering’s 4th transaction in the United States.
  • This is Spirax-Sarco Engineering’s 1st transaction in Delaware.

M&A Deal Summary
Date 2015-11-25
Target Flow Smart
Sector Manufacturing
Buyer(s) Spirax-Sarco Engineering
Deal Type Add-on Acquisition
Deal Value 6M GBP

Target

Flow Smart

Seaford, Delaware, United States
website
Flow Smart, Inc. specialises in the design and manufacture of high purity sanitary gaskets, silicone transfer tubing and reinforced silicone hoses for the bioprocessing and pharmaceutical industries. Flow Smart is a natural extension and supplement to the WMFTG fluid path product portfolio and further strengthens WMFTG's extensive global presence in the biotechnology and pharmaceutical industries, which includes Watson-Marlow Pumps, Watson-Marlow Tubing, Flexicon Filling Systems, BioPure single-use tubing connector systems, Aspeco aseptic valves and Alitea OEM Pumps.

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Buyer(S) 1

Buyer

Spirax-Sarco Engineering

Cheltenham, United Kingdom

website

Category Company
Founded 1888
Sector Engineering
Employees7,846
Revenue 1.6B GBP (2022)
DESCRIPTION

Spirax-Sarco Engineering is a multi-national industrial engineering group that has its headquarters in Cheltenham, England. The Group comprises two leading businesses: Spirax Sarco for steam specialties and Watson-Marlow for niche peristaltic pumps and associated fluid path technologies.????????????????????????????????????????????????????????????????????????????????????????? From the food and beverage industry to precious metal processing, Company help customers to implement environmentally friendly solutions for energy and water savings, process efficiency, product quality and improvements in plant health, safety and regulatory compliance. Spirax-Sarco Engineering was founded in 1888 and is based in Cheltenham, the United Kingdom.

DEAL STATS #
Overall 14 of 19
Sector (Manufacturing) 1 of 2
Type (Add-on Acquisition) 10 of 13
State (Delaware) 1 of 1
Country (United States) 4 of 5
Year (2015) 3 of 3
Size (of disclosed) 8 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-28 Casaval - Steam Distribution Business

Colombia

Casaval - Steam Distribution Business is a distributor of industrial and commercial steam systems, products, and solutions. The asset is located in Colombia.

Buy £7M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-09 Hiter Indústria e Comércio de Controles Termo-Hidráulicos

Sao Paulo, Brazil

Hiter Indústria e Comércio de Controles Termo-Hidráulicos Ltda is a manufacturer and marketer of fluid power valves. Hiter is highly synergistic with Spirax Sarco's successful Brazilian steam and process fluid applications business. The Hiter brand has a well established reputation in Brazil with a large installed base.

Buy £4M
Mergr

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