CECO Environmental to acquire Profire Energy for $108m.

CECO Environmental, an environmentally focused, diversified industrial company, agreed to acquire Profire Energy, a technology company providing solutions that enhance the efficiency, safety, and reliability of industrial combustion appliances, for $108m. “The combination of our well-established leadership in niche energy and industrial mission critical applications with CECO’s proven track record of acquiring and investing in companies to enhance their growth and create scale will unlock even more value for all constituents,” Cameron Tidball and Ryan Oviatt, Profire Co-CEOs.