# Thermon to acquire CCI Thermal Technologies for C$258 million

Thermon Group Holdings Inc announced a definitive agreement to acquire CCI Thermal Technologies Inc and related real estate assets in an all-cash transaction valued at C$258 million.

- Type: Acquisition
- Announced: 2017-10-01
- Where: Edmonton, Alberta, Canada
- Value: $206.0M (258.0M CAD)
- Status: announced
- Products: thermal technologies
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Thermon Group](https://endata.com/companies/14039.md)
- [Thermon Group](https://endata.com/companies/14039.md) (acquirer)
- [CCI Thermal Technologies Inc.](https://endata.com/companies/21244.md) (target)

## Sources

- [doi.org](https://doi.org/10.1016/s1365-6937(17)30275-7), 2017-10-01: "Thermon Group Holdings Inc has announced a definitive agreement to acquire CCI Thermal Technologies Inc and certain related real estate assets in an all-cash transaction valued at C$258 million."
- [ir.thermon.com](https://ir.thermon.com/news-events/press-releases/detail/70/thermon-announces-strategic-acquisition-of-cci-thermal), 2017-10-04: "Thermon today announced the execution of a definitive agreement to acquire 100% of the equity interests of CCI Thermal Technologies Inc. and certain related real estate assets in an all-cash transaction valued at CAD $258 million."
- [globenewswire.com](https://www.globenewswire.com/news-release/2017/10/04/1140574/13080/en/Thermon-Announces-Strategic-Acquisition-of-CCI-Thermal-Technologies-Inc-for-CAD-258-Million.html), 2017-10-04: "Thermon’s growth strategy is based, in part, on highly-complementary acquisitions that contribute proven technologies, products, enhanced scale and access to attractive new end-markets."
- [doi.org](https://doi.org/10.1016/s1365-6937(17)30347-7), 2017-11-01: "Thermon Group Holdings Inc has completed its acquisition of all of the issued and outstanding equity of Canada's CCI Thermal Technologies Inc and certain related real estate assets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.