Thermon completed the acquisition of FATI for €12.5m.

Thermon, a global provider of industrial process heating solutions, completed the acquisition of FATI, a designer and manufacturer of industrial electrical heaters and heating systems, for €12.5m. "We are excited to welcome F.A.T.I. to the Thermon family, a company with strong brand recognition in the electrical heating industry that shares our passion for providing safe, reliable, and innovative solutions to diversified markets," Bruce Thame, Thermon CEO.