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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 engaged in industrial air quality and fluid handling serving the energy, industrial and other markets through an asset-light business model. Co. has three segments: Energy Solutions, which provides offerings that improve air quality and solve fluid handling needs with technologies and customized solutions for the power generation, oil and gas, and petrochemical industries; Industrial Solutions, which provides a solution that enable its customers to reduce their carbon footprint, lower energy consumption, and minimize waste; and Fluid Handling Solutions, which provides pump and filtration solutions that maintain safe and clean operations in harsh and toxic environments.
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Strong Buy (4.00 out of 4)