TECO acquires Italian company Motovario

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Foray Into Industry 4.0 via Development of System Products:

Founded in 1965 Motovario is based in Italy producing mainly gear reducers, motors, and other power-transmission products, notably worm gears for which it is a top tier player in the world. The company has highly automated manufacturing facilities in Italy and Spain, as well as 150 sales agents in 60 countries.

Under the new move, TECO will extend its operation from motors to power transmission systems, marking a stride in the company’s development roadmap. As such, TECO will not only provide customers complete industrial drive solutions but also tap the huge potential for smart and automated production, heralding its inroad into the realm of industry 4.0.

January 4, 2016 | Company News |