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.