Spirax-Sarco Engineering - M&A Summary and Business Overview

EngineeringCompany

Spirax-Sarco Engineering M&A Summary

Spirax-Sarco Engineering has acquired 20 companies, including 3 in the last 5 years. A total of 4 acquisitions came from private equity firms. It has also divested 1 asset.

Spirax-Sarco Engineering’s largest acquisition to date was in 2017, when it acquired Chromalox for $415M. It’s largest disclosed sale occurred in 2015, when it sold M&M International Srl to Rotork for $11M. Spirax-Sarco Engineering has acquired in 4 different US states, and 11 countries. The Company’s most targeted sectors include machinery (32%) and distribution (27%).

Spirax-Sarco Engineering Business Overview

Where is Spirax-Sarco Engineering headquartered?

Spirax-Sarco Engineering is headquartered in Cheltenham, United Kingdom.

What is Spirax-Sarco Engineering’s revenue?

Spirax-Sarco Engineering disclosed revenue of 1,611M GBP for 2022 and 1,345M GBP for 2021.

How many employees does Spirax-Sarco Engineering have?

Spirax-Sarco Engineering has 7,846 employees.

What sector is Spirax-Sarco Engineering in?

Spirax-Sarco Engineering is an engineering company.

When was Spirax-Sarco Engineering founded?

Spirax-Sarco Engineering was founded in 1888.

M&A Summary

  • M&A Total Activity20
    • M&A Buy Activity19
    • M&A Sell Activity1
  • Total Sectors Invested 7
  • Total Countries Invested 11
  • M&A Buy/Sell Connections 10

Spirax-Sarco Engineering

Spirax-Sarco Engineering plc

Charlton House Cirencester Road,
Cheltenham, GL53 8ER
United Kingdom,
+44 12 4252 1361
www.spiraxsarcoengineering.com

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.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.2/yr) # 18 - - 1 - - 19
vol $743M $295M $1.0B
Sell (0.0/yr) # 1 - - - - - 1
vol $11M $11M
  20

Most Recent M&A

Company Date Value Type
Vulcanic SA 2022-07-04 295M EUR Add-on Acquisition
Neuilly sur Marne, France · www.vulcanic.com
Thermocoax SAS 2019-05-13 - Add-on Acquisition
Suresnes, France · www.thermocoax.com
Chromalox, Inc. 2017-05-26 415M USD Add-on Acquisition
Pittsburgh, Pennsylvania · www.chromalox.com
Gestra AG 2017-04-03 210M EUR Divestiture
Bremen, Germany · www.gestra.de
Hiter Indústria e Comércio de Controles Termo-Hidráulicos Ltda 2016-08-09 6M GBP Divestiture
Sao Paulo, Brazil
Flow Smart, Inc. 2015-11-25 9M GBP Add-on Acquisition
Seaford, Delaware · www.flowsmartinc.com
Casaval - Steam Distribution Business 2015-09-28 10M GBP Divestiture
, Colombia
M&M International Srl 2015-08-04 11M EUR Divestiture
Milano, Italy · www.mminternational.net
ASEPCO Corp. 2015-04-09 11M GBP Add-on Acquisition
Mountain View, California · www.asepco.com
Bio Pure Technology Ltd. 2014-01-06 13M GBP Add-on Acquisition
Waterlooville, United Kingdom · www.biopuretech.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Machinery 6 (32%) 266M (26%) - -
Distribution 5 (26%) 22M (2%) - -
Manufacturing 2 (11%) 15M (1%) 1 (100%) 11M (100%)
Electrical Equipment 2 (11%) 710M (68%) - -
Test/Measurement Equipment 2 (11%) 2M (< 1%) - -
Automotive 1 (5%) 1M (< 1%) - -
Medical Products 1 (5%) 21M (2%) - -
Total 19 $1.0B 1 $11M

By Geo

State/Country Buy Value Sell Value
United States 5 441M - -
  Florida 2 7M - -
  Pennsylvania 1 415M - -
  Delaware 1 9M - -
  California 1 11M - -
United Kingdom 3 13M - -
France 2 295M - -
Germany 2 238M - -
Italy 1 1M 1 11M
Brazil 1 6M - -
Chile 1 5M - -
Colombia 1 10M - -
Denmark 1 21M - -
Indonesia 1 2M - -
Turkey 1 4M - -
Domestic 3 (16%) 13M (1%) - -
Cross-border 16 (84%) 1.0B (99%) 1 (100%) 11M (100%)
Total 19 $1.0B 1 $11M

Deal Values

buy # Total
$100M to $1B 3 $920M
< $100M 13 $118M
TOTAL $1.0B
Largest Chromalox, Inc.
$415M (2017-05-26)
sell # Total
< $100M 1 $11M
TOTAL $11M
Largest M&M International Srl
$11M (2015-08-04)

M&A Connections

Deals
Acquired from
Investor(s)
16%
3 (16%)
Strategic(s)
26%
5 (26%)
Divested to
Strategic(s)
100%
1 (100%)

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Engineering Companies , United Kingdom Companies