Announced
Financials
Sources
Tags
Acquisition
Majority
Oil Equipment and Services
Switzerland
oil analysis
Cross Border
Private
Pending
Friendly
Single Bidder
Synopsis
Megger, a British manufacturing company that manufactures electronic test equipment and measuring instruments for electrical power applications, agreed to acquire the North American diagnostic laboratory business and InsuLogix monitoring product line of Weidmann Electrical Technology, an integrated solutions provider in the energy sector. Financial terms were not disclosed.
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