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Slide #14. CECO Environmental Corp. — Aarding Thermal Acoustics B.V.
Acquirer:
CECO Environmental Corp. (CECE)
Acquiree:
Aarding Thermal Acoustics B.V.
Details:
CECO Environmental Corp. (NasdaqGM: CECE), a leader in air pollution control technology systems, product recovery and filtration technology, announced that it has acquired Aarding Thermal Acoustics B.V. ("Aarding"), one of the world leaders in natural gas turbine exhaust systems and silencer applications.
CECO Environmental focuses on engineering, designing, building, and installing systems that capture, clean and destroy air and water borne emissions from industrial facilities, as well as fluid handling, gas separation, and filtration systems. Co.'s segments are: Engineered Systems, which provides environmental and equipment protection through its engineered platforms including emissions management, fluid bed cyclones, thermal acoustics, separation and filtration, and dampers and expansion joints; and Industrial Process Solutions, which protects the air, maintains clean and safe operations, lowers energy consumption and minimizes waste through its platforms including duct and installation.
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Strong Buy (3.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
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