THR news

Latest 2 stories · newest May 28, 2026

THR
CECO and Thermon stockholders approve strategic combination with 99.9%+ support

CECO Environmental and Thermon Group Holdings announced overwhelming stockholder approval for their strategic merger, with 99.93% and 99.97% votes in favor respectively. The transaction is expected to close on or around June 1, 2026, creating a scaled platform combining complementary environmental a…

M&A May 28, 2026 sentiment +0.85 SEC filing ↗
THR
Thermon reports FY2026 revenue of $536.3M, up 8%, with pending CECO merger

Thermon delivered full-year revenue growth of 8% to a record $536.3M with Adjusted EBITDA margin expansion to 22.3%, though net income declined 17% year-over-year. The company is pursuing a strategic combination with CECO Environmental expected to close in June 2026, positioning it to capitalize on …

M&A May 19, 2026 sentiment +0.65 SEC filing ↗
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