M&A Deal Summary

Spirax Acquires Flexicon A/S

On February 1, 2008, Spirax acquired medical products company Flexicon A/S for 141M DKK

Acquisition Highlights
  • This is Spirax’s 1st transaction in the Medical Products sector.
  • This is Spirax’s 5th largest (disclosed) transaction.
  • This is Spirax’s 1st transaction in Denmark.

M&A Deal Summary

Date 2008-02-01
Target Flexicon A/S
Sector Medical Products
Buyer(s) Spirax
Deal Type Add-on Acquisition
Deal Value 141M DKK

Target

Flexicon A/S

Ringsted, Denmark
Flexicon A/S is a designer and manufacturer of sterile liquid filling and capping equipment for the pharmaceutical, biotechnology, and diagnostic industries.

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Buyer(S) 1

Buyer

Spirax

Cheltenham, United Kingdom

Category Company
Founded 1888
Sector Machinery
Employees9,960
Revenue 1.7B GBP (2024)
DESCRIPTION

Spirax is a multi-national industrial engineering group that comprises two leading businesses: Spirax 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 helps 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 was founded in 1888 and is based in Cheltenham, England.


DEAL STATS #
Overall 3 of 19
Sector: Medical Products M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 13
Country: Denmark M&A 1 of 1
Year: 2008 M&A 1 of 3
Size (of disclosed) 5 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-04 UltraPure Group

North Port, Florida, United States

UltraPure Group, Inc. is a manufacturer of clean utility systems. UltraPure's range of pure steam generators and water stills is marketed to the pharmaceutical and biotechnology industries and complements and strengthens the Group's existing specialist range of products for the control of pure steam and clean steam in ultra-hygienic processes.

Buy £3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-03 Colima S.r.l.

Milan, Italy

Colima S.r.l. manufactures a range of mechanical and magnetic level controls which is marketed to a range of customers, predominantly within Italy. Colima enjoys a particularly good reputation within the shipbuilding industry.

Buy €1M