Spirax-Sarco Engineering Plc (Spirax-Sarco) is an industrial engineering company. The company provides engineering solutions for the design, maintenance, and operation of steam, electrical and thermal energy systems. The company's product portfolio includes boiler controls and systems, condensate and heat recovery systems, control systems, flow metering, heat transfer solutions, steam traps, positive displacement pumps, tubing and fluid path technologies, fully automated filling and capping machines. Spirax-Sarco caters its products to various markets such as food and beverage, pharmaceutical and biotechnology, power generation and healthcare. The company operates in Europe, North America and the Asia Pacific regions. Spirax-Sarco is headquartered in Cheltenham, England, the UK.
Headquarters
United Kingdom
Address
Charlton House, Cheltenham, Gloucestershire, GL538ER
Website
www.spiraxsarcoengineering.com
Telephone
44 1242 521361
No of Employees
9,369
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
SPX (LON)
Revenue (2023)
$2.1B
EPS
XYZ
Market Cap*
$8.7B
Net Profit Margin (2023)
XYZ
-21.8%
* As of and is in US$
Spirax-Sarco Engineering Plc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Boiler Controls and Systems | Service: |
| Condensate and Heat Recovery Systems | Engineered Solutions |
| Control Systems | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Plans/Strategy | In June, the company announced its plans to acquire 15% stake in Kyoto Group. |
| 2022 | Acquisitions/Mergers/Takeovers | In December, the company announced the acquisition of Durex International Corp. |
| 2022 | Corporate Changes/Expansions | In October, the company announced the construction of a new extension of Cheltenham headquarters in Charlton Kings. |
Competitor Comparison
| Key Parameters | Spirax-Sarco Engineering 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 | 9,369 | 10,600 | 12,627 | 10,000 | 9,295 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nicholas Anderson | Chief Executive Officer; Director | Executive Board | 2014 | 62 |
| Nimesh Patel | Director; Chief Financial Officer | Executive Board | 2020 | 46 |
| Jamie Pike | Chairman | Non Executive Board | 2018 | 68 |
| Andy Robson | General Counsel; Secretary | Senior Management | 2012 | - |
| Caroline Johnstone | Director | Non Executive Board | 2019 | 63 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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