# ESCO Technologies completes acquisition of Megger Group

ESCO Technologies completed its acquisition of Megger Group from TBG AG, combining Doble Engineering and Megger under ESCO's Utility Solutions Group. The transaction closed on October 1, 2026, with consideration valued at $2.35 billion at announcement.

- Type: Acquisition
- Announced: 2026-10-01
- Where: United States
- Value: $2.35B
- Status: completed
- Products: portable electrical testing equipment, substation diagnostics, continuous monitoring systems, analytical software, engineering services
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [ESCO Technologies](https://endata.com/companies/2084.md) (acquirer)
- [Megger Group](https://endata.com/companies/14179.md) (target)
- [TBG AG](https://endata.com/companies/14180.md) (partner)
- [Doble Engineering Company](https://endata.com/companies/17197.md) (partner)

## Sources

- [electricalnews.co.uk](https://electricalnews.co.uk/doble-and-megger-complete-electrical-testing-merger/), 2026-10-05: "Doble and Megger have completed their electrical asset management merger."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.