TECO signs acquisition agreement for 78% stake in Dynaciate

TECO Electric & Machinery Co., Ltd. signed an agreement to acquire approximately 78% equity in Malaysian engineering firm Dynaciate Engineering Sdn. Bhd. for about MYR 200 million (USD 50.8 million). Dynaciate will become TECO's global manufacturing hub for modular data centers and power equipment.

“The deal marks a key milestone in TECO's accelerated expansion into Southeast Asia's AI data center infrastructure and global modular data center markets.”prnewswire.com

• 1 source
• prnewswire.comTECO Signs Acquisition Agreement with Malaysia's Dynaciate, Targeting Exponential AIDC Revenue Growth Next YearTECO Electric, Machinery Co.May 25, 2026

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