A LOCAL acoustics firm has been acquired by a group based in the USA.
Wakefield Acoustics is a Heckmondwike-based design and manufacturing firm that specialises in advanced industrial, commercial and environmental noise control systems.
It has been acquired by US listed group CECO Environmental Corp in a deal that will see the firm become a part of CECO’s Thermal Acoustics business platform.
The acquisition aims to advance CECO’s position within the industrial silencing and noise attenuation market, adding a range of solutions as well as access to new geographic markets.
Additionally, it will offer Wakefield Acoustics the opportunity to expand its product offering globally, with CECO providing investment and routes to markets to enable this.
Wakefield Acoustics will continue to be led by managing director Kevin Still.
The Wakefield acquisition is the latest in CECO's mergers and acquisitions programme, with 2023 revenue expected to exceed $10 million.
Founded in 1980, Wakefield has worked with many of the world’s leading blue-chip companies to solve complex noise problems often in extreme, arduous or hazardous area environments.
It offers a range of products and services, ranging from acoustic silencers and sound havens, through to fully integrated turnkey solutions involving acoustic consultancy, site survey, project management and a full installation service.
The company completed a management buy-out in 2014, backed by YFM Equity Partners.
Todd Gleason, chief executive officer at CECO Environmental Corp. said: "I am excited to welcome Wakefield Acoustics and their excellent leadership team to CECO Environmental.
“Wakefield is an industry-recognized brand, with more than 40 years of engineering leadership in the industrial acoustics market.
“With our complementary suite of products and solutions, CECO will be well-positioned to expand in the high-growth energy and green markets in Europe and beyond."
"The acquisition fits perfectly within our strategy to advance our industrial air leadership position while also accessing additional energy transition markets for sustainable growth."
Kevin Still, managing director at Wakefield Acoustics said: “Wakefield Acoustics has been on an impressive journey since the MBO in 2014.
“We have seen a transformation in our product offering and customer base which has led to significant growth.
“We firmly believe that CECO Environmental is the ideal home for Wakefield Acoustics to continue this journey. As part of CECO, we will be able to provide our customers and people with greater access to industry-leading experience, a much wider product offering, and the opportunity to share our expertise with more of the world.”
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