M&A Deal Summary

Spirax Acquires Termodinámica Limitada

On November 7, 2012, Spirax acquired distribution company Termodinámica Limitada for 3M GBP

Acquisition Highlights
  • This is Spirax’s 3rd transaction in the Distribution sector.
  • This is Spirax’s 10th largest (disclosed) transaction.
  • This is Spirax’s 1st transaction in Chile.

M&A Deal Summary

Date 2012-11-07
Target Termodinámica Limitada
Sector Distribution
Buyer(s) Spirax
Deal Type Add-on Acquisition
Deal Value 3M GBP

Target

Termodinámica Limitada

Santiago, Chile
Termodinámica Limitada is an exclusive distributor for Chile and has during the last 40 years grown the Group's sales in this emerging industrial market.

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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 8 of 19
Sector: Distribution M&A 3 of 5
Type: Add-on Acquisition M&A Deals 7 of 13
Country: Chile M&A 1 of 1
Year: 2012 M&A 1 of 1
Size (of disclosed) 10 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-02 Inter Valf Sanayi ve Ticaret Limited Şirketi

Istanbul, Turkey

Intervalf is Spirax Sarco's exclusive distributor for Turkey and has during the last 13 years grown the Group's share of the Turkish market. The Turkish industrial steam-using base that is the Group's premier market is expected to provide good future growth prospects. With the increased technical and market development that will now be provided, Spirax Intervalf will be well positioned to contribute to the Turkish Government's renewed focus on energy saving measures.

Buy £3M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-22 Econotherm

Bridgend, United Kingdom

Econotherm, based in Bridgend UK, specialises in the design and manufacture of heat pipes and associated heat exchangers for industrial waste heat recovery and other industrial applications, utilising unique and patented technology. Heat pipes have significant heat transfer advantages that enable efficient recovery and re-use of valuable waste heat in applications where traditional heat exchangers are unsuitable.

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