CBRE

Business News

Feb 22
CECO Acquires Fisher-Klosterman By Betsy Kraat

NEW YORK-- CECO Environmental Corp.a leading provider of air pollution control and industrial ventilation systems, announced today that it has agreed to acquire Fisher-Klosterman, Inc. in a transaction involving cash and stock.

The acquisition of Fisher-Klosterman, headquartered in Louisville, Kentucky, also includes its Buell Division, located in Lebanon, Pennsylvania, and most significantly, Fisher-Klosterman's 40,000-sf sales and manufacturing facility in Shanghai, China. Fisher-Klosterman's businesses consist of producing cyclones, as well as classifiers, electrostatic precipitator parts and service, air filtration equipment, and scrubbers. These products are utilized for air pollution control and particulate
recovery in industries including petroleum refining, power production, petrochemicals, and manufacturing.

CECO Environmental
www.cecoenviro.com

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