Completion of the acquisition of Cotopaxi

RNS Number : 9880Z

Spirax-Sarco Engineering PLC

31 January 2022

 

News Release

 

31^st January 2022

Completion of the acquisition of Cotopaxi

Spirax-Sarco Engineering plc, the multi-national thermal energy management and niche pumping specialist, is pleased to confirm that it has completed the acquisition of Cotopaxi Limited, in accordance with the details announced on Monday 24^th January 2022.  

Enquiries:

Andrew Guthrie, Head of Investor Relations

Hazel Meldrum, Group Head of Corporate Communications

Spirax-Sarco Engineering plc

Tel:  [phone]

About Spirax‐Sarco Engineering plc

Spirax‐Sarco Engineering plc is a thermal energy management and niche pumping specialist.  It comprises three world‐leading businesses: Steam Specialties, for the control and management of steam; Electric Thermal Solutions, for advanced electrical process heating and temperature management solutions; and Watson-Marlow, for peristaltic pumping and associated fluid path technologies. The Steam Specialties and Electric Thermal Solutions businesses provide a broad range of fluid control and electrical process heating products, engineered packages, site services and systems expertise for a diverse range of industrial and institutional customers.  Both businesses help their end users to improve production efficiency, meet their environmental sustainability targets, improve product quality and enhance the safety of their operations.  Watson‐Marlow provides solutions for a wide variety of demanding fluid path applications with highly accurate, controllable and virtually maintenance-free pumps and associated technologies.

The Group is headquartered in Cheltenham, UK, has strategically located manufacturing plants around the world and employs over 8,500 people, including more than 2,000 direct sales and service engineers.  Its shares have been listed on the London Stock Exchange since 1959 (symbol: SPX) and it is a constituent of the FTSE 100 and the FTSE4Good indices.

Further information can be found at www.spiraxsarcoengineering.com

 

END

 

 

ACQEANFPAALAEEA