February 25, 2008—CECO Environmental Corp., a leading provider of air pollution control and industrial ventilation systems, has agreed to acquire Fisher-Klosterman, Inc. in a transaction involving cash and stock.
The acquisition of Fisher-Klosterman, headquartered in Louisville, Kentucky, also includes its Buell Division, located in Lebanon, Pennsylvania, and most significantly, Fisher-Klosterman’s 40,000-square-foot sales and manufacturing facility in Shanghai, China.
Fisher-Klosterman’s businesses consist of producing cyclones, as well as classifiers, electrostatic precipitator parts and service, air filtration equipment, and scrubbers. These products are utilized for air pollution control and particulate recovery in industries including petroleum refining, power production, petrochemicals, and manufacturing.
CECO Environmental Corp. is North America’s largest independent air pollution control company. Through its nine subsidiaries—Busch, CECOaire, CECO Filters, CECO Abatement Systems, kbd/Technic, Kirk & Blum, H.M. White, Inc., Effox, and GMD Environmental—CECO provides a wide spectrum of air quality services and products including: industrial air filters, environmental maintenance, monitoring and management services, and air quality improvements systems. For more information, see the company’s Web site.
