( February 24, 2026, 13:48 GMT | Official Statement) -- MLex Summary: Addison, Texas-based CECO Environmental Corp. which provides industrial air and water and energy transition services, and Austin, Texas-based Thermon Group Holdings, which provides industrial process heating solutions, announced that they will combine in a stock and cash transaction worth about $2.2 billion. CECO is traded on the Nasdaq, while Thermon is traded on the New York Stock Exchange. The deal is expected to close mid-2026.Statement follows in full. ...
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