Leak detection specialist SebaKMT has been acquired by global electrical test equipment expert Megger. SebaKMT is also a leader in power cable fault location and testing. The acquisition will allow Megger to greatly enhance its existing cable test product portfolio, elevating it to a world-leading position. SebaKMT will benefit from access to the exceptionally strong technical and financial resources of the Megger organisation.
Following the acquisition, business will initially continue as usual for both organisations while a full evaluation is carried out of the opportunities created for moving forward with product development and manufacturing operations, and for enhancing customer-facing sales and support services. Customers of both companies will for the foreseeable future, continue to obtain sales, service and support through the same channels they are currently using.
“This acquisition is an outstandingly positive development for both companies and for their customers,” said Peter Frank, Chairman of Megger Group. “Not least because there’s a high degree of synergy between the Megger and SebaKMT product ranges, but very little overlap. 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, the 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, Dr Iann has joined the board of Megger Group.
The Vivax-Metrotech Group, formerly part of SebaKMT, has not been acquired by Megger. However, the current sales co-operation in Europe and the United States between Vivax-Metrotech and SebaKMT will continue.