Spirax-Sarco Engineering PLC
27 June 2005
Spirax-Sarco Engineering plc Charlton House
Cheltenham
Glos. GL53 8ER
News Release Telephone: 01242 521361
Fax: 01242 581470
www.SpiraxSarcoEngineering.com
27th June 2005
Spirax Sarco acquires flow measurement business for US$4.5 million
(£2.5 million)
Spirax Sarco announces it has acquired the assets and business of EMCO Flow
Systems of Longmont, Colorado from Advanced Energy Industries, Inc., USA.
EMCO is well known in the USA as a provider of flow measurement products for
HVAC, industrial applications involving steam, gas and liquids, and commercial
and municipal water and waste water applications. EMCO product lines include
vortex, turbine and ultrasonic flow meters which complement and enhance the
Group's existing flow metering technology. The EMCO business will become a
division of Spirax Sarco, Inc.
The purchase consideration, which is $4.5 million (£2.5 million), will be paid
in cash and funded from existing resources.
Spirax Sarco provides knowledge, service and products for the control and
efficient use of steam and other industrial fluids worldwide.
Contact details:
Marcus Steel - Chief Executive
David Meredith - Director Finance
Spirax-Sarco Engineering plc
Charlton House
Cheltenham
Gloucestershire
GL53 8ER
Tel: 01242 521361
Fax: 01242 581470
www.SpiraxSarcoEngineering.com
This information is provided by RNS
The company news service from the London Stock Exchange
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