Latest Turbosonic Technologies Inc (TSTA) Headline
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MEGTEC Systems, Inc. Acquires TurboSonic Technologies, Inc.
Marketwire Canada - Fri Feb 01, 9:10AM CST
MEGTEC Systems, Inc. (MEGTEC) is pleased to announce the acquisition of TurboSonic Technologies, Inc. (OTCQB: TSTA) (TurboSonic), effective immediately. The acquisition will include all of TurboSonic's current products: wet electrostatic precipitator (WESP) systems, semi-dry and wet scrubbers, Catalytic Gas Treatment (CGT)(TM) systems, evaporative gas cooling systems, DeNOx systems and related parts and services. TurboSonic will join the MEGTEC family as MEGTEC TurboSonic Technologies, Inc., and operate as a wholly-owned subsidiary of MEGTEC Systems, Inc., and as a separate business unit within MEGTEC's Environment, Climate and Energy (ECE) Group. The TurboSonic acquisition adds complementary product offerings to MEGTEC's environmental portfolio and process expertise in key industries.