CECO Environmental Completes Profire Energy Acquisition

MT Newswires Live

2025/01/09

CECO Environmental (CECO) said Thursday it has closed on its $122.7 million acquisition of Profire Energy (PFIE) following the successful completion of a tender offer for all outstanding Profire shares.

The $2.55 per share cash tender period wrapped up a minute past 11:59 pm ET on Dec. 31 and Profire shares ceased trading and were delisted from Nasdaq, CECO said.

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