# Integrated Power Services acquires Tesco Industries from Tesco Group

IPS, a North American leader in electric motor and generator repair, acquired Tesco Industries, the electric motor repair division of Tesco Group in Regina, Saskatchewan. The deal expands IPS's service coverage in Central Canada.

- Type: Acquisition
- Announced: 2020-11-17
- Where: Regina, Saskatchewan, Canada
- Status: completed
- Products: electric motor and generator repair services, rewinds, machining, field services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Integrated Power Services](https://endata.com/companies/1579.md) (acquirer)
- [Tesco Corporation](https://endata.com/companies/1920.md) (partner)
- [Tesco Industries](https://endata.com/companies/51250.md) (target)

## Sources

- [ips.co](https://www.ips.co/news/ips-acquires-tesco-industries), 2020-11-17: "Everyone at Tesco Industries is excited to become a part of IPS."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.