Thermon Group Holdings completes $260.3 million strategic acquisition of CCI Thermal Technologies

October 30, 2017

On October 30, 2017, Thermon Group Holdings, Inc. (NYSE: THR) completed its acquisition of 100% of the equity interests of CCI Thermal Technologies Inc. and certain related real estate assets in an all-cash transaction valued at $260.3 million.

CCI is a worldwide leader in development and production of advanced heating and filtration solutions for industrial and hazardous area applications. CCI is headquartered in Edmonton, Alberta, with five fabrication facilities in North America.

Thermon, headquartered in San Marcos, Texas, provides highly engineered thermal solutions, known as heat tracing, for process industries, including energy, chemical processing and power generation.

Miller Thomson advised CCI on this transaction with a team led by Joe Yurkovich and that included Eric Dufour (competition), Brendon Ho (corporate/tax), Emily McClintock (corporate), Dan Chubb and Nelly Mosstaghimi-Tehrani (real estate), assisted by paralegal Kerra Jay (corporate services).