CECO Environmental Acquires SAT Technology

(RTTNews) - CECO Environmental Corp. (CECE) said Tuesday that it has acquired SAT Technology, Inc., a provider of Volatile Organic Compounds abatement solutions for the Chinese air pollution control market.

Based in Shanghai, China, SAT Technology is focused on providing VOC abatement solutions to customers within the industrial manufacturing market. With about $5 million in annual revenue and 17 employees,

SAT Technology will help expand CECO's existing Chinese product and market offering. CECO will retain the entire SAT Technology organization, including its President, Leo Liau who will become an important part of the CECO China and Asian leadership team.