TECO Electric & Machinery Acquires 78% of Dynaciate Engineering in $50.8 Million Deal
May 25, 2026
TECO Electric & Machinery Co., Ltd. (TECO) signed and completed an acquisition agreement to invest about MYR 200 million (approximately $50.8 million) to acquire about 78% of Dynaciate Engineering Sdn. Bhd. TECO will use Dynaciate as a global manufacturing hub for modular data center and power equipment, and as an engineering hub supporting Southeast Asia data center infrastructure projects.
- Buyers
- TECO Electric & Machinery Co., Ltd.
- Targets
- Dynaciate Engineering Sdn. Bhd.
- Industry
- Industrial Services
- Location
- Johor, Malaysia
- Transaction Type
- Buyout
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