ESCO to acquire Megger Group from TBG for $2.35 billion

ESCO Technologies agreed to acquire the Megger Group business of TBG AG for total consideration of $2.35 billion, including $0.9 billion in cash and ESCO equity worth about $1.4 billion. Megger makes electric power test, monitoring and analytics equipment.

“ESCO will acquire Megger for total consideration of $2.35 billion, consisting of $0.9 billion in cash and ESCO equity valued at approximately $1.4 billion.”investor.escotechnologies.com

• 1 source
• investor.escotechnologies.comESCO Announces Agreement to Acquire Megger Group Limited | ESCO Technologies Inc.Apr 15, 2026

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