RefPlus completed the acquisition of Ceptek.

RefPlus, a custom refrigeration equipment provider, completed the acquisition of Ceptek, a company in the manufacturing of large-capacity CO2 industrial equipment. Financial terms were not disclosed. "Our acquisition by RefPlus breathes new life into Ceptek by enhancing its operational capacity, thanks in part to a new access to specialized machinery and to a new expertise in both engineering and production. RefPlus' state-of-the-art R&D centre is a major asset that will allow us to significantly accelerate our efforts towards innovation and quality. Our expertise in CO2 refrigeration equipment combined with RefPlus' extensive design and manufacturing capacity will allow both entities to take another step towards a bright and green energy future," Pierre Lévesque, Ceptek President.