Ceco environmental announces completion of the divestiture of its fluid handling business to may river capital

Addison, texas, april 01, 2025 (globe newswire) -- ceco environmental corp. (nasdaq: ceco), a leading environmentally focused, diversified industrial company whose solutions protect people, the environment and industrial equipment, today announced it has completed the previously announced divestiture of its fluid handling business (also known as its global pump solutions, or gps, business) contained in its industrial process solutions segment to may river capital, effective march 31, 2025. the enterprise value of the transaction is approximately $110 million, paid in cash at closing.
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