EMCOR Completes Acquisition of Ohmstede, Ltd.

EMCOR Group, Inc. completed its acquisition of Ohmstede, Ltd., a provider of aftermarket maintenance, repair, and fabrication services for heat exchangers in the refinery and petrochemical industries, for approximately $455 million in cash. The deal was slightly accretive to diluted earnings per share in Q3 2007.

“During the quarter, the Company completed its acquisition of Ohmstede, Ltd. ("Ohmstede"), the leading provider of aftermarket maintenance and repair services, replacement parts and fabrication services for highly engineered shell and tube heat exchangers for the refinery and petrochemical industries, for approximately $455 million in cash, as previously announced.”

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