CECO Environmental seals Met-Pro acquisition

The acquisition has created an air pollution control, product recovery and fluid handling technology specialist with pro forma revenues of US$300 million.

“Met-Pro not only expands our leverage to key segments such as the petrochemical, refinery and industrial manufacturing, it also provides us with access to new markets including the food processing, semiconductor and pharmaceutical sectors,"  said Jeff Lang, CEO of CECO Environmental. "Their business model, capabilities and culture are highly complementary to CECO and we look forward to having the Met-Pro team join CECO. Our combined manufacturing capabilities and customer base will provide even greater leverage to key growth markets around the globe that would otherwise not be available to us as independent entities.”