# Spirax-Sarco acquires Thermocoax Developpement for $179M

Spirax-Sarco signed an agreement to buy Thermocoax Developpement from Chequers Capital and TCR Capital for $179 million. The deal was reported in a 2019 review of valve sector M&A.

- Type: Acquisition
- Announced: 2019-01-01
- Value: $179.0M
- Status: completed
- Products: valves, heating elements
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Spirax-Sarco](https://endata.com/companies/6235.md) (acquirer)
- [Thermocoax Developpement](https://endata.com/companies/6236.md) (target)
- [Chequers Capital](https://endata.com/companies/6237.md) (partner)
- [TCR Capital](https://endata.com/companies/6238.md) (partner)

## Sources

- [industrysourcing.cn](https://www.industrysourcing.cn/article/373084), 2020-03-15: "斯派莎克以1.79亿美元的价格签署协议，从收购Chequers Capital和TCRCapital手中购得Thermocoax Developpement。"

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