Company:CECO Environmental
 | |
| Type | Public |
|---|---|
| NASDAQ: CECO Russell 2000 Component | |
| Industry | Pollution & treatment controls |
| Founded | 1966 (as Claremont Engineering Company) |
| Headquarters | Dallas, Texas, US |
Key people | |
| Website | www |
CECO Environmental Corp. is an American industrial technology company founded in 1966 and headquartered in Dallas, Texas. It is publicly traded on the Nasdaq Stock Market under the ticker symbol CECO. The company provides air pollution control technology, products, and services for industrial markets, including manufacturing, chemical processing, energy, and refining.[1]
Currently (2013.12) the company owns twelve subsidiaries.[2] CECO Environmental acquired Met-Pro Corporation in August 2013.[3] The acquisition was described by industry publications as significantly expanding CECO Environmental’s scale and portfolio in industrial air pollution control markets.[4]
In September 2023, it was announced CECO Environmental had acquired the Pinellas Park, Florida-headquartered custom-engineered industrial water recycling and energy conservation company, Kemco Systems.[5]
Products
CECO Environmental‘s products consist of two parts: Engineered Systems and Industrial Process Solutions.
Corporate Acquisitions
CECO has expanded its portfolio over time through acquisitions across industrial air, industrial water, and combustion and safety solutions.
In 2015, CECO acquired Dallas-based PMFG, Inc. in a deal valued at about $150 million.[6] Local business reporting later linked this acquisition period to CECO’s shift of its headquarters presence from the Cincinnati area to the Dallas region.[7]
In January 2023, CECO acquired UK-based noise control systems manufacturer Wakefield Acoustics Ltd.[8] Later in 2023, the company acquired Transcend Solutions, a Houston-based process filtration solutions firm.[9] In September 2023, World Pumps reported CECO’s acquisition of Kemco Systems, an industrial water recycling and energy conservation business headquartered in Pinellas Park, Florida.[10]
In December 2024, CECO acquired Verantis Environmental Solutions Group, which the company described in its SEC filings as an engineering services and equipment systems provider focused on exhaust air treatment for industrial and high technology manufacturing processes.[11] In early 2025, CECO completed its acquisition of Profire Energy in an all-cash transaction at $2.55 per share, described by Nasdaq as totaling approximately $125 million.[12]
References
- ↑ "CECO Environmental Corp. Profile". https://finance.yahoo.com/quote/CECO/profile.
- ↑ "Business Summary". https://finance.yahoo.com/q/pr?s=CECE+Profile.
- ↑ "CECO Environmental Completes Acquisition Of Met-Pro Corporation". August 27, 2013. https://finance.yahoo.com/news/ceco-environmental-completes-acquisition-met-200000107.html. Retrieved Jan 10, 2014.
- ↑ "CECO Environmental to Acquire Met-Pro". IndustryWeek. https://www.industryweek.com/companies-executives/article/21947742/ceco-environmental-to-acquire-metpro.
- ↑ "World Pumps – Ceco Environmental acquires Kemco Systems" (in en). 2023-09-19. https://www.worldpumps.com/content/news/ceco-environmental-acquires-kemco-systems/.
- ↑ "CECO Environmental to Acquire PMFG". May 4, 2015. https://www.globenewswire.com/news-release/2015/05/04/731478/25780/en/CECO-Environmental-to-Acquire-PMFG.html.
- ↑ "Ashland to move headquarters from Covington". September 26, 2018. https://www.wcpo.com/money/local-business-news/ashland-to-move-headquarters-from-covington.
- ↑ "Noise control manufacturer acquired by US group". January 12, 2023. https://www.insidermedia.com/news/yorkshire/noise-control-manufacturer-acquired-by-us-group.
- ↑ "CECO Environmental Acquires Transcend Solutions". April 3, 2023. https://www.pumpsandsystems.com/news/2023-04-03/ceco-environmental-acquires-transcend-solutions.
- ↑ "Ceco Environmental acquires Kemco Systems". September 19, 2023. https://www.worldpumps.com/content/news/ceco-environmental-acquires-kemco-systems/.
- ↑ "Form 10-Q (quarter ended September 30, 2025)". https://www.sec.gov/Archives/edgar/data/3197/000119312525252944/ceco-20250930.htm.
- ↑ "CECO Environmental Corp. Completes Tender Offer for Profire Energy, Inc.". January 2, 2025. https://www.nasdaq.com/articles/ceco-environmental-corp-completes-tender-offer-profire-energy-inc.
External links
 |  |
