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Spirax-Sarco Engineering plc is a British manufacturer of steam management systems and
peristaltic Peristalsis ( , ) is a radially symmetrical contraction and relaxation of muscles that propagate in a wave down a tube, in an anterograde direction. Peristalsis is progression of coordinated contraction of involuntary circular muscles, which ...
pumps and associated fluid path technologies. It is headquartered in
Cheltenham Cheltenham (), also known as Cheltenham Spa, is a spa town and borough on the edge of the Cotswolds in the county of Gloucestershire, England. Cheltenham became known as a health and holiday spa town resort, following the discovery of mineral s ...
, England. It is listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
and is a constituent of the
FTSE 100 Index The Financial Times Stock Exchange 100 Index, also called the FTSE 100 Index, FTSE 100, FTSE, or, informally, the "Footsie" , is a share index of the 100 companies listed on the London Stock Exchange with (in principle) the highest market ...
.


History

The Company was founded by Herman Sanders in 1888 and after a Mr Rehders joined the business, established as ''Sanders, Rehders & Co.'' ('Sarco') in
London London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
importing
thermostat A thermostat is a regulating device component which senses the temperature of a physical system and performs actions so that the system's temperature is maintained near a desired setpoint. Thermostats are used in any device or system tha ...
ic steam traps from
Germany Germany,, officially the Federal Republic of Germany, is a country in Central Europe. It is the second most populous country in Europe after Russia, and the most populous member state of the European Union. Germany is situated betwe ...
. It started to manufacture steam traps in
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain, is a country in Europe, off the north-western coast of the continental mainland. It comprises England, Scotland, Wales and North ...
under the ''Spirax'' brand name in 1932 and was first listed on the
London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its current premises are situated in Paternoster Square close to St Pau ...
in 1959. In 1960 a range of self-acting pressure controls are introduced for the first time: then in 1963 it bought ''Drayton Controls'', a control valve and instrumentation business. The company diversified into
pump A pump is a device that moves fluids (liquids or gases), or sometimes slurries, by mechanical action, typically converted from electrical energy into hydraulic energy. Pumps can be classified into three major groups according to the method they u ...
manufacturing in 1990 when it bought '' Watson-Marlow''. It acquired the ''Jucker Industrial Division'', an Italian controls business, in 1993, ''Bredel Hose Pumps'', a business manufacturing high-pressure hose pumps, in 1996 and ''M&M International'', an Italian piston actuated and
solenoid upright=1.20, An illustration of a solenoid upright=1.20, Magnetic field created by a seven-loop solenoid (cross-sectional view) described using field lines A solenoid () is a type of electromagnet formed by a helix, helical coil of wire whose ...
valve business in 2001. In September 2005 it acquired ''Mitech Actuators & Controls'' and ''Proportional Control Technology'', a pair of
South Africa South Africa, officially the Republic of South Africa (RSA), is the southernmost country in Africa. It is bounded to the south by of coastline that stretch along the South Atlantic and Indian Oceans; to the north by the neighbouring countri ...
n businesses making process controls. Then later that year it bought ''EMCO Flow Systems'', a metering business. The company acquired ''Intervalf'', a Turkish operation, for £2.8m in 2009. It completed a new facility in
Shanghai Shanghai (; , , Standard Mandarin pronunciation: ) is one of the four direct-administered municipalities of the People's Republic of China (PRC). The city is located on the southern estuary of the Yangtze River, with the Huangpu River flow ...
, China in June 2010: the plant, designed as Spirax's regional headquarters, combines a factory, warehouse, and offices. In 2011 the Minister for UK Trade & Investment, Lord Green, opened the new Spirax Sarco facility in
Saint Petersburg Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
, Russia and in May 2012 the Deputy Prime Minister,
Nick Clegg Sir Nicholas William Peter Clegg (born 7 January 1967) is a British media executive and former Deputy Prime Minister of the United Kingdom who has been president for global affairs at Meta Platforms since 2022, having previously been vicepr ...
visited Spirax Sarco’s manufacturing facility in
Cheltenham Cheltenham (), also known as Cheltenham Spa, is a spa town and borough on the edge of the Cotswolds in the county of Gloucestershire, England. Cheltenham became known as a health and holiday spa town resort, following the discovery of mineral s ...
, Gloucestershire. In May 2012 there was a shareholder revolt after Spirax-Sarco paid a former Executive Director compensation of £783,660; the company compounded the problem by failing to inform the markets of the shareholder revolt as required by the
Listing Rules The Listing Rules (LR) are a set of regulations applicable to any company listed on a United Kingdom stock exchange, subject to the oversight of the Financial Conduct Authority (FCA). The Listing Rules set out mandatory standards for any company wi ...
. Then in November 2012 the company bought ''Termodinámica'', a distributor based in
Santiago de Chile Santiago (, ; ), also known as Santiago de Chile, is the capital and largest city of Chile as well as one of the largest cities in the Americas. It is the center of Chile's most densely populated region, the Santiago Metropolitan Region, whose ...
and in February 2019 it bought Thermocoax, a US based business involved in the manufacture and supply of mineral insulated cable.


Operations

The company has three main operations: * Steam Specialties: made up of Spirax-Sarco and Gestra, provides engineered solutions for the design, maintenance and provision of efficient industrial and commercial steam systems (from single products through to complete turnkey bespoke packages) * Electric Thermal Solutions (ETS): made up of Chromalox and Thermocoax, is a provider of advanced thermal technologies. * Watson-Marlow Fluid Technology Solutions:
peristaltic pump A peristaltic pump, also commonly known as a roller pump, is a type of positive displacement pump used for pumping a variety of fluids. The fluid is contained in a flexible tube fitted inside a circular pump casing. Most peristaltic pumps work t ...
s and associated fluid path technologies for the food, pharmaceutical, chemical and environmental industries Spirax-Sarco has operating units (operating companies, branches and associates) in 62 countries across the world.


References


External links


Official site
{{Authority control Manufacturing companies established in 1888 Engineering companies of the United Kingdom Companies based in Cheltenham Companies listed on the London Stock Exchange 1888 establishments in England 1950s initial public offerings British companies established in 1888 Manufacturing companies of the United Kingdom Manufacturing companies based in London