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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 regions. 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
9,910
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
SPX (LON)
Revenue (2024)
$2.1B
-1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
4.1%
(2024 vs 2023)
Market Cap*
$7.1B
Net Profit Margin (2024)
XYZ
5.2%
(2024 vs 2023)
* As of and is in US$
Spirax Group plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Boilerhouse | Service: | Bioflex Ultra |
| Clean Steam Solutions | Engineered Solutions | Q-Clamp |
| Compressed Air Products | Heating Services | BioBarb |
| 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 | ITT Inc | The Weir Group Plc | IMI Plc | Interpump Group SpA |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United Kingdom | United Kingdom | Italy |
| City | Cheltenham | Stamford | Glasgow | Birmingham | Sant'Ilario D'Enza |
| State/Province | Gloucestershire | Connecticut | Scotland | England | Emilia-Romagna |
| No. of Employees | 9,910 | 11,700 | 11,444 | 10,000 | 9,417 |
| 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 Patel | Chief Executive Officer; Director | Executive Board | 2020 | 49 |
| Louisa Burdett | Director; Chief Financial Officer | Executive Board | 2024 | 58 |
| Sarah Peers | Director - Sustainability | Senior Management | 2024 | - |
| Stuart Roby | Managing Director - Watson-Marlow Fluid Technology Solutions | Senior Management | 2025 | - |
| 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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