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ESCO Technologies to acquire Megger for $2.35 billion
PUBLIC · ESEApr 15, 2026•3 months ago
Acquiring Company
ESCO Technologies
Acquired Company
Megger Group Limited
St. LouisUnited KingdomInformation TechnologyEnergyOil And GasRenewable Energy
Description
ESCO Technologies Inc. has announced its agreement to acquire Megger Group Limited for $2.35 billion. The acquisition aims to enhance ESCO's utility solutions portfolio and expand their international reach. This deal is expected to provide significant strategic and financial benefits, increasing product offerings and global presence. Megger's anticipated revenue in 2026 is approximately $590 million, indicating strong growth potential.
Company Information
Company
ESCO Technologies
Location
St. Louis, Missouri, United States
About
ESCO Technologies Inc. is a leading provider of utility solutions through a diverse range of measurement, control, and communication products. The company operates in multiple sectors, focusing on enhancing services for utilities and various critical infrastructure. ESCO aims to build scalable and differentiated technology platforms. Its mission is to deliver innovative solutions that meet customer demands across the globe.
St. Louis
United KingdomInformation TechnologyEnergyOil And GasRenewable Energy