ESCO Technologies Acquires Vanguard Instruments
ESCO Technologies Inc. has acquired the assets of Vanguard Instruments Company, a premier test equipment provider serving the global electric utility market. The terms of the transaction were not disclosed.
Vanguard, founded in 1991 and located in Ontario, California, designs, develops and manufactures a comprehensive offering of innovative test equipment which enhances the ability of electric utilities to accurately measure the health of critical power transformers and circuit breakers.
Under the terms of the agreement, Vanguard will operate from its current location as a product line of Doble Engineering as part of ESCO’s Utilities Solutions Group operating segment.
“The addition of Vanguard provides Doble with a complementary line of test capabilities that significantly strengthens our group’s product, service and software offerings,” Bryan Sayler, Doble Engineering President, said. “Transformers and circuit breakers are critical to the generation, transmission and distribution of electrical power, and Vanguard’s test equipment plays a vital role in maintaining the health of these important, expensive, and aging assets. This acquisition fits strategically within Doble and complements the recent additions of NRG Systems and Morgan Schaffer by offering broader, more capable solutions supporting our customers.”
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