The Group has its headquarters in Cheltenham, England and has been quoted on the London Stock Exchange since 1959. Each year the company has reported a strong financial performance and continues to expand its businesses around the world by providing knowledge, service and products to satisfy its customers’ needs with nearly 90% of sales being outside the UK.
The Company was founded in 1888 as Sanders, Rehders & Co. (‘Sarco’) in London, importing thermostatic steam traps from Germany. In 1932 it started to manufacture steam traps in United Kingdom under the Spirax brand name. It was first listed on the London Stock Exchange in 1959. In 1960 it introduced a range of self-acting pressure controls for the first time. Then in 1963 it bought Drayton Controls, a control valve and instrumentation business. The Company diversified in pump manufacturing in 1990 when it bought Watson-Marlow.
It acquired the Jucker Industrial Division, an Italian controls business, in 1993 and M&M International, an Italian piston actuated and solenoid valve business in 2001.
In September 2005 it acquired Mitech Actuators & Controls and Proportional Control Technology, a pair of South African businesses making process controls. Then later that year it bought EMCO Flow Systems, a metering business.
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.
Leveraging its international experience in the field of heat exchanger, within Factory-ECOMATION SXS will guide the development of technologies for energy recovery from flue gases in the iron&steel domain and from chipboard and VOC in the woodworking industry. Moreover, its contribution will be fundamental in guiding the integration of the technologies provided by the other partner into a comprehensive platform for energy recovery, emissions abatement and energy redistribution.