strategic combination

Thermon merges with CECO Environmental in $2.2B all-stock deal, offering 26.8% premium per share. Combined company targets $40M annual cost synergies.

Sumitomo Forestry acquires Tri Pointe Homes for $4.5 billion in all-cash deal, expanding U.S. residential construction presence with plans for 23,000 annual homes by 2030.