Innovative Emissions Control Inc. Acquires Cormetech, Inc.
March 14, 2022
Innovative Emissions Control Inc. (IEC), a special-purpose investment company founded by John Moore and Edoardo Bugnone, has completed a transaction to acquire Cormetech, Inc.; terms were not disclosed. IEC said the investment will provide growth capital and long-term ownership stability to support Cormetech's global expansion and development of new technologies, including work in carbon capture and water treatment.
- Buyers
- Innovative Emissions Control Inc.
- Targets
- Cormetech, Inc.
- Industry
- Manufacturing
- Location
- North Carolina, United States
- Transaction Type
- Buyout
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