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Slide #8. CECO Environmental Corp. — Met-Pro Corporation
CECO Environmental Corp. (NASDAQ:CECE)
CECO Environmental Corp. (NasdaqGM: CECE), a global leader in air pollution control systems, product recovery and filtration technology, announced today that it has completed the previously announced acquisition of Met-Pro Corporation. With pro forma revenues of approximately $300 million, the transaction creates a clear global market leader in air pollution control, product recovery and fluid handling technology.
CECO Environmental is a provider of technologies to the environmental, energy, and fluid handling and filtration industrial segments. Co. operates through three reportable segments, as follows: Energy, which provides customized solutions for the power and petrochemical industry; Environmental, which provides the design and manufacture of product recovery and air pollution control technologies that enable Co.'s customers to meet targets for toxic emissions, fumes, volatile organic compounds, process and industrial odors; and Fluid Handling and Filtration, which provides the design and manufacture of pump, filtration and fume exhaust solutions.
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Strong Buy (4.00 out of 4)
(ranked higher than approx. 96% of all stocks covered)
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