05212019Tue
Last updateMon, 20 May 2019 7pm

i

Valve Manufacturing

Spirax-Sarco Completes Purchase of Thermocoax

Spirax-Sarco has completed the acquisition of Thermocoax Developpement and all of its group companies following regulatory approval in France, Germany and the U.S. Details of the acquisition were announced on February 18, 2019 and an update on the signing of a definitive binding agreement was provided on March 15, 2019.

Nicholas Anderson, Group Chief Executive of Spirax Sarco, said: "We are delighted to complete the acquisition of Thermocoax and welcome our new colleagues to the Spirax Sarco family. Thermocoax will enhance and add significantly to our electrical process heating business in delivering thermal energy solutions to customers. We look forward to leveraging the Spirax Sarco business model and our global footprint to further internationalise Thermocoax and to enhance and grow an already strong business."

Subscribe Fall18

FREE SUBSCRIPTION*

• Print magazine
Digital magazine
• VALVE eNews
Read the latest issue

*to qualified valve professionals in the U.S./Canada

NEW BASICS 2019 300x250

Looking for a career in the Valve Industry?

ValveCareers Horiz

To learn more, visit the Valve Careers YouTube channel to watch the videos below or visit ValveCareers.com a special initiative of the Valve Manufacturers Association

  • Latest Post

  • Popular

  • Links

  • Events

New Products