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CECO Environmental Acquires Profire Energy

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CECO Environmental Acquires Profire Energy

Profire Energy (PFIE) has released an update.

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CECO Environmental has announced its acquisition of Profire Energy for $125 million, aiming to strengthen its position as a leader in environmental solutions for industrial markets. This strategic move is expected to generate cost synergies and enhance Profire’s growth by leveraging CECO’s established global operations and customer relationships.

For further insights into PFIE stock, check out TipRanks’ Stock Analysis page.

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