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acquisitionAnnounced · Feb 25, 2026industrial solutionsSource · AdvertisementsArticle · Factual
CECO Environmental acquires Thermon Group
David Najork · Founding Software Engineer
Published · Updated · 1 min read
Deal value
$2.2B
Target
Thermon Group
NYSE: THR · Austin, Texas
Acquirer
CECO Environmental
Merger
Status
Announced
CECO Environmental agreed to acquire Thermon Group. Reported deal value: $2.2B. Status: Announced. Sector: industrial solutions. Target headquarters context: Austin, Texas, United States.
This page summarizes publicly available information about the transaction as of 2026-02-25. Figures and status may change as filings and press coverage update.
Gleason stated verbatim: This transaction will meaningfully extend CECO leadership in industrial , environmental , and thermal solutions by adding Thermon established position in the aforementioned process heating, heat tracing, and temperature management
Deal timeline
Announced
Feb 25, 2026 · tikr.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in industrial solutions with a reported deal value of $2.2B. Figures and status may change as sources update.
Sources: tikr.com · Primary article · FireStrike proprietary index