ESCO Technologies to acquire Megger Group for $2.35 billion

ESCO Technologies Inc. has agreed to acquire Megger Group Limited from TBG AG for total consideration of $2.35 billion, consisting of $0.9 billion in cash and ESCO equity valued at approximately $1.4 billion. Megger provides testing and monitoring solutions for utilities and critical electric infrastructure.

“This transformational transaction will expand our scale and international reach, further strengthening our position as a valued partner to utilities worldwide.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comAbout Us | Oil & Gas Journal - ESCO Announces Agreement to Acquire Megger Group LimitedESCO Technologies Inc.Jun 18, 2019

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