M&A Deal Summary |
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|---|---|
| Date | 2018-10-29 |
| Target | CECO Environmental - Zhongli Business |
| Sector | Manufacturing |
| Buyer(s) | Zhongli Group |
| Sellers(s) | CECO Environmental |
| Deal Type | Divestiture |
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| Category | Company |
|---|---|
| Founded | 1988 |
| Sector | Diversified |
| Employees | 2,297 |
| Revenue | 2.4B CNY (2024) |
Zhongli Group is an entity that comprises 9 national high-tech enterprises and several key subsidiaries in Jiangsu, Shanghai, Guangdong, Liaoning, Qinghai and Ningxia. Zhongli Group expands the development in the high-tech group continuously. Now, Zhongli Group has a national laboratory, a national high polymer material research and development base, a postdoctoral workstation, an optical cable research and development center and a new energy photovoltaic research and development center. Zhongli Group developed more than 20 new and high-tech products during the past years which filled the domestic blank and received over 1000 national and international patents. Besides, Zhongli Group drafted out over 10 national and ministerial standards solely or jointly, and now Zhongli Group has become the benchmarking enterprise in Chinese private enterprises. Zhongli Group was founded in 1988 and is based in Changshu, China.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Manufacturing M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: China M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1869 |
| Sector | Environmental |
| Employees | 1,200 |
| Revenue | 558M USD (2024) |
CECO Environmental is an environmental technology company focused on critical solutions in the air pollution control (APC), energy and fluid handling, and filtration industries. CECO Environmental was foundedin 1869 and is based in Dallas, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 4 |
| Sector: Manufacturing M&A | 3 of 4 |
| Type: Divestiture M&A Deals | 3 of 4 |
| Country: China M&A | 1 of 1 |
| Year: 2018 M&A | 3 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-04-02 |
Strobic Air
Landsdale, Pennsylvania, United States Strobic Air Corp. is a manufacturer of specialty fume exhaust systems for pharmaceutical, university, hospital, public health, government, chemical, industrial, and other process industries. Strobic Air Corp. was founded in 1966 and is based in Lansdale, Pennsylvania. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2020-06-04 |
Environmental Integrated Solutions
Birmingham, United Kingdom Environmental Integrated Solutions Ltd. engineers products that clean air through a variety of technologies including VOC abatement, odor control, and other air pollution control solutions. Environmental Integrated Solutions is based in Birmingham, United Kingdom. |
Buy | - |
