Profire Energy (PFIE) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
CECO Environmental has announced its acquisition of Profire Energy for $125 million, aiming to strengthen its position as a leader in environmental solutions for industrial markets. This strategic move is expected to generate cost synergies and enhance Profire’s growth by leveraging CECO’s established global operations and customer relationships.
For further insights into PFIE stock, check out TipRanks’ Stock Analysis page.