Spirax-Sarco in Negotiations to Acquire Thermocoax
Tuesday, February 19, 2019
Spirax-Sarco has entered into exclusive negotiations with a view to acquiring Thermocoax Developpement and all of its group companies (Thermocoax) from Chequers Capital, TCR Capital and other minority shareholders for a cash-free, debt-free consideration of $179 million. Thermocoax is a designer and manufacturer of highly engineered electrical thermal solutions for critical applications in high added value industries. More...
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