MSA Safety (MSA) announced it has acquired M&C TechGroup in a transaction valued at approximately $200M. Based in Ratingen, Germany, M&C TechGroup provides a comprehensive range of gas analysis systems that detect, measure and monitor gases in critical environments. The company’s product portfolio includes systems and solutions for gas sampling, gas conditioning, as well as advanced process control. M&C products and systems are used in a wide range of industries and applications, including energy, chemicals, utilities, manufacturing, food and beverage, and other industrial applications. Founded in 1985, M&C TechGroup employs approximately 220 associates globally.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MSA:
- MSA Safety price target raised to $166 from $161 at Baird
- MSA Safety price target lowered to $183 from $188 at DA Davidson
- MSA Safety raises quarterly dividend 4% to 53c from 51c per share
- MSA Safety’s Earnings Call: Growth Amid Challenges
- MSA Safety price target lowered to $195 from $200 at B. Riley
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue