# CECO Environmental agrees to acquire flow control firm GRC

CECO Environmental agreed to acquire GRC, a maker of rubber expansion joints and flow control products, through its Effox-Flextor-Mader joint venture. The deal is expected to close by April 2022.

- Type: Acquisition
- Announced: 2022-01-10
- Status: announced
- Products: rubber expansion joints, flow control products, pinch valves, duck bill valves
- 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) (partner)
- [GRC](https://endata.com/companies/8775.md) (target)
- [Effox-Flextor-Mader](https://endata.com/companies/8778.md) (partner)

## Sources

- [streetinsider.com](https://www.streetinsider.com/Corporate+News/CECO+Environmental+%28CECE%29+Acquires+GRC/19441252.html), 2022-01-10: "today announced it has agreed to acquire industrial flow control leader GRC"
- [prnewswire.com](https://www.prnewswire.com/news-releases/ceco-environmental-to-acquire-industrial-flow-control-leader-grc-301457201.html), 2022-01-10: "The transaction is expected to close by April 2022, subject to customary closing conditions, and will be financed with a mix of cash, debt, and equity from the joint venture."

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