---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-000843"
form_type: "8-K"
ticker: "CECO"
cik: "0000003197"
company_name: "CECO ENVIRONMENTAL CORP"
filed_at: "2025-01-03T23:59:59+00:00"
generated_at: "2026-05-28T16:16:51.976717+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# CECO Environmental completes acquisition of Profire Energy for ~$118.3M in cash

## Summary
- Tender offer expired Dec 31, 2024 with 86.31% of PFIE shares validly tendered at $2.55/share.
- Merger closed Jan 3, 2025; PFIE now a wholly owned subsidiary of CECO.
- Total consideration for shares ~$118.3M; additional ~$4.5M for cancelled restricted stock units.
- PFIE shares delisted from Nasdaq; company will deregister under Exchange Act.
- Acquisition funded by borrowings under CECO's revolving credit facility.

## SEC filing metadata
- accession: 0001104659-25-000843
- form_type: 8-K
- ticker: CECO
- cik: 0000003197
- company_name: CECO ENVIRONMENTAL CORP
- filed_at: 2025-01-03T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3197/000110465925000843/0001104659-25-000843-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3197/000110465925000843/tm2426882d15_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-000843
- JSON: https://secwatch.observer/filing/0001104659-25-000843.json
- Plain text: https://secwatch.observer/filing/0001104659-25-000843.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.