Motech and B&K Precision have a long history of collaboration and Motech has manufactured programmable power supplies and LCR meters for sale under B&Ks own brand for almost 20 years.
"Motech is a global leader in the solar industry. We are devoted to further enhancing our market position and technological competitiveness in the industry. By selling the assets of the Test and Measurement Departments to B&K, a well-recognized leading manufacturer of high quality test equipment established over 60 years, we believe the business and its employees are assured of a bright
future." said Dr. PH Chang, President and CEO of Motech.
Mr. Victor Tolan, President and CEO of B&K added, "This transaction strengthens our expertise in programmable linear and high power switching supplies. Motech has a long tradition of developing and manufacturing high quality innovative products. This transaction is a perfect complement to our own product offering."
The asset sale transaction only includes the test and measurement instruments business. All interests and rights of solar PV related businesses remain with Motech.
