CECO Environmental Corp. of Cincinnati, Ohio, has completed its acquisition of Harleysville-based Met-Pro Corp.
Together the company will have revenue of about $300 million and is expected to be a leader in the pollution control, product recovery and fluid handling technology industries.
"Met-Pro not only expands our leverage to key segments such as the petrochemical, refinery and industrial manufacturing, it also provides us with access to new markets including the food processing, semiconductor and pharmaceutical sectors," said Jeff Lang, chief executive officer of CECO. "Our combined manufacturing capabilities and customer base will provide even greater leverage to key growth markets around the globe that would otherwise not be available to us as independent entities."
Met-Pro common shares ceased trading on the NYSE at the end of the business day Tuesday.