Distribution Solutions Group, Inc. (NASDAQ: DSGR) announced its operating company, TestEquity, has acquired Instrumex. Based in Munich, Germany, Instrumex is a test and measurement provider of reconditioned test equipment.
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“I am excited to announce the acquisition of Instrumex, a leading provider of professionally refurbished general purpose test & measurement equipment based in Germany. This strategic acquisition expands our capabilities in the Continental European market and is expected to be accretive to earnings of TestEquity and our parent company, DSG,” TestEquity CEO Russ Frazee said.
