CleaverBrooks acquires Cheminee Lining E

CleaverBrooks Inc announced that CleaverBrooks of Canada Limited has acquired all of the outstanding shares of Cheminee Lining E Inc in a cash transaction valued at $9.9 million (Canadian).

Cheminee Lining E is based in Terrebonne, Quebec, and is a supplier of prefabricated and custom exhaust gas stacks.

CleaverBrooks will continue to operate Cheminee Lining E as a wholly owned subsidiary in Canada, and its products will be offered through the CleaverBrooks distribution network in the United States as CB-Stack products.

The firm has posted instructions on how to access investor information, which can be accessed by certified users via the “Investor Relations” page at www.cleaver-brooks.com.

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