ESCO Technologies Finalizes Megger Group Acquisition to Boost Utility Solutions

Key Facts

1ESCO Technologies announced it has completed the acquisition of Megger Group Limited from TBG AG.

2TBG agreed to lock-up provisions regarding its ESCO common stock and received nomination rights for one board seat.

ESCO Technologies announced it has completed the acquisition of Megger Group Limited from TBG AG, according to GlobeNewswire. Under the transaction terms, TBG agreed to lock-up provisions regarding its ESCO common stock and received nomination rights for one seat on the company's Board of Directors.

The acquisition is designed to expand ESCO's portfolio in the electrical testing sector, with Megger becoming part of the company's Utility Solutions Group segment. ESE stock closed at $265.11 on September 30, 2026, having reached a day high of $269.08 and a low of $261.25 on the same date.