Spirax Sarco Engineering rebrands, changes name to Spirax Group

Spirax-Sarco Engineering plc (LON:SPX) has just unveiled an exciting transformation – it will now be known as the Spirax Group.

This rebranding decision marks a significant milestone in the company’s journey, signifying its evolution into a robust and dynamic group comprising three distinct and synergistic businesses:

Steam Thermal Solutions, formerly recognized as Steam Specialties.
Electric Thermal Solutions.
Watson-Marlow Fluid Technology Solutions.

Under the unified banner of Spirax Group, these leading businesses are united by a common purpose: engineering a world that is not only more efficient and safer but also sustainable.

The adoption of the Spirax Group name strikes a perfect harmony between the company’s rich heritage and its current identity, ensuring a clear distinction from its trading division, Spirax Sarco (part of Steam Thermal Solutions).

This rebranding initiative serves as a clarion call to all stakeholders, offering enhanced transparency and a deeper understanding of Spirax Group’s multifaceted capabilities.

Nimesh Patel, the visionary Chief Executive Officer of Spirax-Sarco Engineering, expressed unwavering enthusiasm for this organic evolution.

He underscored the formidable prowess of the group’s three solution-oriented businesses, all dedicated to revolutionizing critical industrial processes in the realm of thermal energy and fluid technology.

Embracing the Spirax Group name empowers stakeholders to gain a comprehensive grasp of the company’s collaborative ethos across its diverse businesses, as they work in unison to empower customers in achieving their operational, sustainability, and decarbonization goals.

Curious to explore the vibrant new brand and immerse yourself in Spirax Group’s world? Simply pay a visit to their cutting-edge website at www.spiraxgroup.com, where you’ll witness their innovative spirit come to life.

But that’s not all – Spirax Group has even more exciting news in store.

They are contemplating a legal name change to Spirax Group plc, pending approval through a special resolution at the upcoming Annual General Meeting in May 2024.

Rest assured, loyal shareholders, this rebranding endeavor and potential name alteration will have no impact on your ownership or the group’s financial reporting.

Fear not, for the iconic stock market ticker SPX will remain intact, ensuring seamless continuity in trading.