GE Aircraft Engines Acquires Agfa's Nondestructive Testing Unit
January 27, 2004
GE Aircraft Engines (GEAE) has completed its acquisition of the Agfa-Gevaert Nondestructive Testing business unit, following receipt of all required regulatory approvals. Agfa NDT will be combined with GEAE's Nondestructive Testing business unit and will be renamed GE Inspection Technologies. Concurrently, Jeff Nagel has been named president of GE Inspection Technologies. He most recently served as general manager of Business Development at GEAE since 2001 and previously served as president of GE Home Electric Products. Based in Hürth, Germany, GE Inspection Technologies will have 1000 employees at more than 25 facilities in 25 countries worldwide. The company offers radiographic, ultrasonic, eddy current and other inspection solutions that test the structure and tolerance of materials without damaging them. The purchase agreement also includes a supply agreement for GE Inspection Technologies to become the exclusive seller of Agfa NDT X-ray film. Agfa will retain its NDT X-ray film production. Details of this agreement have not been disclosed.