# CECO Environmental completes acquisition of GRC

CECO Environmental Corp. has completed the acquisition of GRC, a leader in rubber expansion joints and flow control products. GRC is now part of the Effox-Flextor-Mader joint venture.

- Type: Acquisition
- Announced: 2022-03-08
- Where: United States
- Status: completed
- Products: rubber expansion joints, flow control products
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [CECO Environmental](https://endata.com/companies/6852.md) (acquirer)
- [GRC](https://endata.com/companies/8775.md) (target)
- [Effox-Flextor-Mader](https://endata.com/companies/8778.md) (partner)
- [Chartwell Investments Entrepreneur & Founder Capital](https://endata.com/companies/61492.md) (partner)
- [Index Water](https://endata.com/companies/62151.md) (target)

## Sources

- [stocktitan.net](https://www.stocktitan.net/news/CECE/ceco-environmental-completes-acquisition-of-lkbxfgyxe1po.html), 2022-03-08: "This acquisition expands CECO's market presence, allowing access to a $500 million addressable market."
- [investors.cecoenviro.com](https://investors.cecoenviro.com/news-releases/news-release-details/ceco-environmental-acquires-index-water), 2022-04-07: "With the addition of the Index Water assets, we have expanded our leadership presence and addressable water market in more than 10 countries by at least $200 million."
- [filtsep.com](https://www.filtsep.com/content/news/ceco-environmental-acquires-index-water), 2022-04-13: "With the addition of the Index Water assets, we have expanded our leadership presence and addressable water market in more than 10 countries by at least US$200 million."

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