Spirax-Sarco Engineering: Difference between revisions
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==Group Companies== |
==Group Companies== |
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The company has two main operations: |
The company has two main operations: |
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* [http://www.spiraxsarco.com/ Spirax-Sarco]: Engineered Steam Solutions, |
* [http://www.spiraxsarco.com/ Spirax-Sarco]: Engineered Steam Solutions, [[steam trap]]s, Heat Transfer Solutions, [[Condensate pump]]s and Recovery, Flowmetering, [[control valves]] |
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* [http://www.watson-marlow.com/en-GB/ Watson Marlow Bredel]: [[peristaltic]] pumps, tube and hose pumps, sine pumps, liquid filling and OEM pumps |
* [http://www.watson-marlow.com/en-GB/ Watson Marlow Bredel]: [[peristaltic]] pumps, tube and hose pumps, sine pumps, liquid filling and OEM pumps |
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Revision as of 16:58, 21 December 2012
| File:Spiraxsarcologo.PNG | |
| Company type | Public (LSE: SPX) |
|---|---|
| Industry | Manufacturing |
| Founded | 1888 |
| Headquarters | Cheltenham, Gloucestershire, UK |
Key people | Mark Vernon, CEO Bill Whiteley, Chairman |
| Revenue | £650.0 million (2011)[1] |
| £134.0 million (2011)[1] | |
| £93.2 million (2011)[1] | |
| Website | www.spiraxsarcoengineering.com |
Spirax-Sarco Engineering (LSE: SPX) is a leading British-based manufacturer of boiler and pipeline control valves for steam heating and process plants. It is headquartered in Cheltenham and is a constituent of the FTSE 250 Index.
History
1888
The Company was founded in 1888 as Sanders, Rehders & Co. ('Sarco') in London importing thermostatic steam traps from Germany.[2]
1932
The company starts to manufacture steam traps in United Kingdom under the Spirax brand name. It was first listed on the London Stock Exchange in 1959.[3]
1960
A range of self-acting pressure controls are introduced for the first time.[4]
Then in 1963 it bought Drayton Controls, a control valve and instrumentation business.[4]
1990
The Company diversified in pump manufacturing in 1990 when it bought Watson-Marlow.[5]
It acquired the Jucker Industrial Division, an Italian controls business, in 1993[6] and M&M International, an Italian piston actuated and solenoid valve business in 2001.[7]
2005
In September it acquired Mitech Actuators & Controls and Proportional Control Technology, a pair of South African businesses making process controls.[8] Then later that year it bought EMCO Flow Systems, a metering business.[9]
2009
Spirax Sarco acquired Intervalf for £2.8m [10]
2010
Spirax completed a new facility in Shanghai, China in June 2010: the plant, designed as Spirax's regional headquarters, combines a factory, warehouse, and offices.[11]
2011
Minister for UK Trade & Investment Lord Green opened the new Spirax Sarco facility in St Petersburg, Russia. [12]
2012
In May the Deputy Prime Minister, Nick Clegg visited Spirax Sarco’s manufacturing facility in Cheltenham, Gloucestershire.[13]
Group Companies
The company has two main operations:
- Spirax-Sarco: Engineered Steam Solutions, steam traps, Heat Transfer Solutions, Condensate pumps and Recovery, Flowmetering, control valves
- Watson Marlow Bredel: peristaltic pumps, tube and hose pumps, sine pumps, liquid filling and OEM pumps
References
- ^ a b c Preliminary Results 2011
- ^ Top 100 Gloucestershire Companies Westbusiness, July / August 2008
- ^ London Stock Exchange: Spirax-Sarco listing history
- ^ a b Spirax-Sarco: History
- ^ Pumps India: History of Pumps
- ^ Spirax-Sarco acquires Jucker SpA Industrial Division from Jucker SpA Reuters, 3 March 1993
- ^ Industrial News Supply House Times, 10 January 2002
- ^ Local supplier prepares for big move Mining Weekly, 11 August 2006
- ^ Spirax-Sarco acquires EMCO Flow Systems Plant Engineering, August 2005
- ^ Spirax Sarco Acquires Longstanding Turkish Distribution Partner for £2.8m
- ^ How to Build a Factory and Distribution Centre in China
- ^ UK Minister for Trade and Investment to attend St Petersburg International Economic Forum
- ^ Deputy Prime Minister praises Spirax Sarco’s investment in UK manufacturing