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Electrical test equipment company Megger has acquired Germany’s pipe leakage detection and cable testing specialist SebaKMT
In a press release, Megger stated that the acquisition would allow the group to enhance its existing cable test product portfolio, while SebaKMT will benefit from the firm’s technical and financial resources.
“This acquisition is an outstandingly positive development for both companies and for their customers, not least because there’s a high degree of synergy between the Megger and SebaKMT product ranges, but very little overlap,” noted the release. “The new organisation will therefore, be able to offer a truly comprehensive family of power test products, backed by unmatched technical expertise and strong readily accessible customer support in virtually every country of the world.”
Dr Max Iann, former owner of SebaKMT, said, “It was important for us to find a partner that would enable SebaKMT to continue to grow successfully, and to strengthen its market position. Megger is the perfect partner, as the companies ideally complement each other in terms of product range and geographical coverage.”
Following the acquisition of SebaKMT, Iann has joined the board of Megger Group Limited.
Megger has major development and manufacturing facilities in the UK, Sweden and the USA, and is one of the largest suppliers of test equipment for the global electrical power sector.