Spirax-Sarco agrees to buy Gestra for £160m

Steam, peristaltic pumping and fluid path technology specialist Spirax-Sarco Engineering announced on Monday that it signed a conditional sale and purchase agreement to acquire Gestra AG and associated businesses from Flowserve Corporation for a cash-free, debt-free consideration of €186m (£160m).

Sourced through Scoop.it from: www.digitallook.com

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