Email Facebook Twitter

London South East Natural Resources Briefing webcast: #Emmerson #Alba #Condor Gold #Gold analysis
Angus Energy in talks to buy 'transformational' gas asset in North England

Alliance News

Spirax-Sarco Engineering To Acquire Thermocoax For EUR158 Million

Fri, 15th Mar 2019 12:03

LONDON (Alliance News) - Spirax-Sarco Engineering PLC on Friday said it has signed a binding agreement to acquire Thermocoax Developpement for EUR158 million.

Spirax-Sarco acquired the company from, among others, Chequers Capital and TCR Capital.

As previously stated, the transaction will require regulatory approvals in France, Germany and the US. These regulatory approvals and completion are expected during the second quarter of the year.

Spirax-Sarco shares were trading up 0.3% at 7,145.00 pence each.

By Elena Cherubini;

Copyright 2019 Alliance News Limited. All Rights Reserved.

Alliance News

Back to Alliance News

Share Price, Share Chat, Stock Market news at
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at

Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.