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New Deal


Announced

Megger to acquire the North American diagnostic laboratory business and InsuLogix monitoring product line of Weidmann Electrical Technology.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Acquisition

Majority

Oil Equipment and Services

Switzerland

oil analysis

Cross Border

Private

Pending

Friendly

Single Bidder

Synopsis

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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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