The acquisition was yesterday (20th Jan) confirmed by Jeff Fox, Harbour Groups’s Chairman and CEO.
“We think CPC is a tremendous complement to MEC and will expand our reach into cryogenic end markets. The combination of the businesses provides the opportunity to expand the offering of market leading products to a broader customer base. We are excited to have the CPC team join the MEC and Harbour family,” said Fox.
“CPC is a fantastic fit with MEC. It provides a cryogenic platform we can build upon. MEC has been focused on expanding into cryogenic applications and CPC represents a great opportunity for us to do so,” said, Pat Donovan, CEO of MEC.
Stan Levandowski, Manager of CPC added, “CPC’s cryogenic offering is a great fit with MEC. We are looking forward to working with MEC to continue building the cryogenics business. We are pleased to join MEC and look forward to being a part of the Harbour Group family and having access to their operational, acquisition and strategic resources.”