# Spirax-Sarco to acquire Chromalox from Irving Place Capital for $415M

Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.

- Type: Acquisition
- Announced: 2017-07-18
- Where: United States
- Value: $415.0M
- Status: announced
- Products: industrial process heating, temperature management
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md), [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md)

## Companies

- [Spirax-Sarco Engineering](https://endata.com/companies/489.md) (acquirer)
- [Chromalox](https://endata.com/companies/1490.md) (target)
- [Irving Place Capital](https://endata.com/companies/1491.md) (partner)

## Sources

- [worldpumps.com](https://www.worldpumps.com/content/news/pumps-mergers-acquisitions-review-q2-2017), 2017-07-18: "Spirax-Sarco Engineering plc entered into an agreement to acquire thermal technologies company Chromalox Inc from Irving Place Capital for a cash-free, debt-free consideration of US$415 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.