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.
A company statement highlighted that 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.
High voltage diagnostic complement existing services
The acquisition of Power Diagnostix significantly extends Megger’s technical and manufacturing capabilities, particularly in the field of Partial Discharge (PD) testing, where the company can now offer diagnostic and condition monitoring solutions for medium- and high-voltage (MV and HV) electrical assets, including gas insulated switchgear, transformers, motors and generators.
These new capabilities neatly complement Megger’s existing capabilities in cable testing and diagnostics.
Following the acquisition, business will continue as usual for both organisations. Dr Detlev Gross, the founder and former owner of Power Diagnostix, will take up the role of Managing Director of Megger’s Power Diagnostix business, thereby guaranteeing continuity and guidance during the process of integration, and ensuring that his unmatched expertise continues to be available to the organisation.
Megger’s CEO, Jim Fairbairn, commented: “Our strategy is to continue to build on the impressive growth of the last decade by acquiring companies with exceptional expertise and capabilities that complement our own.
“Power Diagnostix is just such a company, and this acquisition is a very significant development for us. It gives us access to some of the most innovative and effective technologies in the HV and MV sectors, which means we can now offer a truly comprehensive range of on-line monitoring and diagnostic solutions for electrical OEMs, power utilities and others who operate HV and MV equipment and networks.”
Moving business forward
“Finding the right partner to support the future success of Power Diagnostix was no easy task,” said Dr Detlev Gross.
He continued: “Having founded the company and guided it through every stage of its development for the last 33 years, I very much wanted a partner that would not only have the financial and marketing resources needed to take the business forward but would also build on its achievements rather than simply exploiting them.
“Megger has an excellent track record in this respect, as is clearly shown by the smooth and mutually beneficial integration it has achieved with other companies it has acquired. And there can be no doubting Megger’s commitment to harnessing the latest technology to meet the real needs of its customers.”
Megger is therefore an ideal partner for Power Diagnostix, he added.
In conclusion, Gross said: “The acquisition of our business ensures long-term continuity and provides access to Megger design concepts that can be used 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 become increasingly available around the world.”
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