# Porvair acquires Keystone Filter from Ceco Environmental

Porvair Filtration Group purchased the goodwill, business and trading assets of Keystone Filter, a division of Ceco Environmental Corp, in a cash deal. Keystone had 2017 revenue of around US$4 million and designs filter cartridges and housings for food and beverage, drinking water, and chemical process markets in the US.

- Type: Acquisition
- Announced: 2018-03-01
- Where: Ashland, Virginia, United States
- Status: completed
- Products: filter cartridges, filter housings
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [CECO Environmental](https://endata.com/companies/6852.md)
- [Porvair](https://endata.com/companies/12107.md)
- [CECO Environmental](https://endata.com/companies/6852.md) (target)
- [Porvair](https://endata.com/companies/12107.md) (acquirer)
- [Keystone Filter](https://endata.com/companies/30432.md) (target)

## Sources

- [filtsep.com](https://www.filtsep.com/content/news/porvair-acquires-keystone-filter-from-ceco-environmental), 2018-03-01: "The acquisition of Keystone increases our presence in the US, broadening our markets and providing a range of cross selling opportunities."
- [markets.businessinsider.com](https://markets.businessinsider.com/news/stocks/ceco-environmental-announces-the-sale-of-keystone-filter-1017561888), 2018-03-01: "The sale of Keystone is a step in progressing CECO's portfolio management."

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