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Spirax Group plc (Spirax Group), formerly Spirax-Sarco Engineering Plc, is a provider of thermal energy and fluid technology solutions. The company's main activities include engineering solutions that enhance the efficiency, safety, and sustainability of industrial processes. It offers a range of products, such as steam systems, electric thermal solutions, and fluid path technologies. Spirax Group's products serve a diverse customer base across various industries, including food and beverage, pharmaceuticals, biotechnology, and power generation. The company operates through a network of direct sales and distribution partners to reach its customers. It has operations across Europe, North America, and the Asia Pacific. Spirax Group is headquartered in Cheltenham, England, the UK.
Headquarters
United Kingdom
Address
Charlton House, Cheltenham, Gloucestershire, GL538ER
Website
www.spiraxgroup.com/en
Telephone
44 1242 535000
No of Employees
9,951
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
SPX (LON)
Revenue (2024)
$2.2B
2.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-14.5%
(2024 vs 2023)
Market Cap*
$6.5B
Net Profit Margin (2024)
XYZ
-16.4%
(2024 vs 2023)
* As of and is in US$
Spirax Group plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Boilerhouse | Service: | Q-Clamp |
| Clean Steam Solutions | Heating Services | BioBarb |
| Compressed Air Products | Engineered Solutions | BioEndCap |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In October, the company entered into an agreement to sell SPH Sustainable Process Heat to Copeland, a sustainable climate solutions provider. |
| 2024 | Others | In June, the company name changed to Spirax Group plc. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company announced the acquisition of Durex International Corp. |
Competitor Comparison
| Key Parameters | Spirax Group plc | Ingersoll Rand Inc | Alfa Laval AB | Flowserve Corp | KSB SE & Co KGaA |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | Sweden | United States of America | Germany |
| City | Cheltenham | Davidson County | Lund | Irving | Frankenthal |
| State/Province | Gloucestershire | North Carolina | - | Texas | Rheinland-Pfalz |
| No. of Employees | 9,951 | 21,000 | 24,399 | 16,000 | 16,838 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Tim Cobbold | Chairman | Executive Board | 2024 | 64 |
| Nimesh Balvir Patel | Chief Executive Officer; Director | Executive Board | 2020 | 49 |
| Louisa Burdett | Director; Chief Financial Officer | Executive Board | 2024 | 58 |
| Stuart Roby | Managing Director - Watson-Marlow Fluid Technology Solutions | Senior Management | 2025 | - |
| Sarah Peers | Director - Sustainability | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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