MEGTEC being purchased for $155M

Hard hat, industry, jobs, industrial, factory
File photo.

DE PERE – A De Pere-based industrial equipment manufacturer is being purchased for $155 million.

The Babcock & Wilcox Power Generation Group, Inc. has reached a deal to acquire MEGTEC.

MEGTEC designs, engineers, manufactures and services air pollution control systems and coating/drying

MEGTEC, which employs approximately 325 workers in De Pere, will operate as B&W MEGTEC. The purchase is expected to be completed by June 30.

blog comments powered by Disqus