09:22 AM EST, 01/09/2025 (MT Newswires) -- CECO Environmental ( CECO ) said Thursday it has closed on its $122.7 million acquisition of Profire Energy (PFIE) following the successful completion of a tender offer for all outstanding Profire shares.

The $2.55 per share cash tender period wrapped up a minute past 11:59 pm ET on Dec. 31 and Profire shares ceased trading and were delisted from Nasdaq, CECO said.