Weidmann has sold its North American Diagnostic Laboratory business and InsuLogix® monitoring product line to the Megger Group.
The InsuLogix® HMA is a high-performance online monitor that detects and monitors faults in power transformers and load tap changers by measuring the levels of Hydrogen (H2), Acetylene (C2H2) and Moisture. The nine oil test laboratories in Canada, Mexico and the US will operate as AVO Diagnostic Services, providing the vital knowledge that operators need to help lower risk and improve their electrical system’s reliability. Weidmann are confident Megger will continue to serve the customers at the highest level and bring additional value through their extensive products and services offered. Weidmann further believe that many synergies exist between the two organizations and expect this to be the first step in defining a partnership for the future that allows both companies to maximize the value they bring to different customer bases.
The Weidmann Group is a privately held, family owned company supplying technical products and services, with almost 150 years of experience. Employing about 2,700 persons in over 30 production sites and service centers around the world, the Group has three key business areas: Weidmann Electrical Technology, Weidmann Fiber Technology and Weidmann Medical Technology.
Established in the late 1800s, Megger has been designing and making test and measurement instruments that perform electrical measurements for preventative maintenance, troubleshooting and commissioning for decades. It now has local offices in many locations with technical support teams and distributors all over the world.
A team of CMS Switzerland led by Partner Stefan Brunnschweiler and Senior Associate Florian Jung advised Weidmann on all legal aspects of the transaction. The team also included Andrea Relly (Senior Associate, corporate/M&A), Alexander Salamon (Trainee, corporate/M&A), Dirk Spacek (Partner, IP), and Julia Nitschke (Associate, IP). The team was further assisted by CMS Mexico (lead contact Giancarlo Schievenini), Downs Rachlin Martin PLLC (DRM; lead contact Mary Parent) in the US and Borden Ladner Gervais LLP (BLG; lead contact David Henry) in Canada.
CMS Switzerland
- Stefan Brunnschweiler, Partner, Corporate/M&A
- Florian Jung, Senior Associate, Corporate/M&A
- Andrea Relly, Senior Associate, Corporate/M&A
- Alexander Salamon, Trainee, Corporate/M&A
- Dirk Spacek, Partner, Intellectual Property
- Julia Nitschke, Associate, Intellectual Property
CMS Mexico
- Giancarlo Schievenini, Partner, Head of Corporate/M&A Mexico City
