Mergers & Acquisitions
By The Online Investor Staff, updated Sun., Jan. 29, 6:00 PM
| This Slide: #91 of 100 |
Slide #91. CECO Environmental Corp. — Noise Control Technology Company
Acquirer:
CECO Environmental Corp. (CECE)
Acquiree:
Noise Control Technology Company
Details:
CECO Environmental Corp. (Nasdaq: CECO) ("CECO"), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment, and industrial equipment, today announced it has completed the acquisition of Wakefield Acoustics, Ltd. ("Wakefield"), a UK-based design and manufacturing firm specializing in advanced industrial, commercial and environmental noise control systems.
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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Avg. Broker Rec.
 
|
Strong Buy (3.80 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Analysts' Target Price: CECE Stock Forecast Based on Zacks ABR data; powered by Xignite |
