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Megger acquires German Power Diagnostix
2019-6-16
Global electrical test equipment expert Megger has acquired Power Diagnostix of Aachen, Germany, a leader in the development and manufacture of high voltage diagnostic equipment, and in the provision of diagnostic services for high voltage installations.
This acquisition greatly enhances Meggers’ capabilities, particularly in the field of Partial Discharge (PD) testing where Megger can now offer diagnostic solutions for MV and HV electrical assets. These include transformers, bushings, generators, motors, switchgear and GIS/GIL installations, all of which complements the company’s existing cable and substation test and diagnostics solutions and services..
“This acquisition, which is the latest in developing our growth strategy, is a very significant development for Megger, for Power Diagnostix and for the customers of both companies,” said Jim Fairbairn CEO of Megger. “We now have access to some of the most innovative and effective technologies in the MV and HV diagnostics sector, enabling us to offer a truly comprehensive range of diagnostic on line monitoring solutions for Electrical OEM’s, Power utilities and others who operate MV and HV equipment and networks.”
“The acquisition of our business by Megger is a very positive event,” said Dr Detlev Gross. “It ensures a long term continuity for the business and provides access to Megger design concepts which can be utilised within our already very successful product ranges, while the extensive Megger sales network will ensure that our diagnostic equipment, test services and online monitoring expertise becomes increasingly available around the world”. Dr Detlev Gross, the founder and former owner of Power Diagnostix, will remain as Managing Director of the business, thereby guaranteeing continuity and guidance.