MT Capital Partners advises CECO Environmental in the sale of CECO's Zhongli business to Jiangsu Zhongli Environmental Technology
MultiTrust Capital Partners advises on the sale of CECO Zhongli
Multitrust Capital Partners GmbH (MT Capital) acted as the exclusive sell-side M&A advisor to CECO Environmental for the sale of CECO’s Zhongli business to Jiangsu Zhongli Environmental Technology Co., Ldt. This transaction accelerates the strategic transformation of CECO. The deal was signed on October 24th, 2018 and was successfully closed as of November 30th, 2018.
About CECO Environmental
CECO Environmental Corp. (Nasdaq: CECE) is a global leader in air quality and fluid handling serving the energy, industrial and other niche markets. Providing innovative technology and application expertise, CECO helps companies grow their business with safe, clean and more efficient solutions that help protect our shared environment. In regions around the world, CECO works to improve air quality, optimize the energy value chain and provide custom engineered solutions for applications including oil and gas, power generation, water and wastewater, battery production, poly silicon fabrication, chemical and petrochemical processing along with a range of others. CECO is listed on Nasdaq under the ticker symbol “CECE”. For more information, please visit www.cecoenviro.com.