Spirax Group plc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
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in mil. unless spec.Company Description
- CEO
- Nimesh Balvir Patel
- Full Time Employees
- 10,072
- Sector
- Producer manufacturing
- Industry
- Industrial machinery
- Address
- Charlton House Cheltenham GO United Kingdom GL53 8ER
- IPO Date
- Jan 2, 1986
- Website
- spiraxgroup.com
- Similar Companies
- Business
- Spirax Group plc (formerly Spirax-Sarco Engineering plc) develops and manufactures thermal energy management and fluid technology solutions for industrial processes worldwide. The company operates through three principal businesses: Steam Thermal Solutions, which provides steam traps, pressure-reducing valves, heat exchangers, condensate recovery systems, and engineered steam systems under the Spirax Sarco and Gestra brands; Electric Thermal Solutions, offering electrical process heating, industrial heaters, heat tracing systems, and temperature management components through brands including Chromalox, Vulcanic, Thermocoax, and Durex Industries; and Watson-Marlow Fluid Technology Solutions, which supplies peristaltic pumps, tube and hose pumps, single-use technologies, and fluid path products for biopharmaceutical and other applications. These solutions serve industries such as food and beverage, pharmaceuticals, biotechnology, chemicals, power generation, semiconductors, oil and gas, and water treatment, with operations in over 150 countries and manufacturing facilities in 37 locations. Founded in 1888 and headquartered in Cheltenham, United Kingdom, the company completed its rebranding from Spirax-Sarco Engineering plc to Spirax Group plc in June 2024 following shareholder approval, reflecting its evolution into a cohesive group of three aligned businesses; it also executed acquisitions of Vulcanic and Durex Industries in late 2022 to bolster its Electric Thermal Solutions segment, alongside ongoing restructuring for operational efficiency and investments in digital, AI, and decarbonisation initiatives including electrified boilers.
Company News
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