IT + CE
Teco Electric & Machinery to acquire Italy-based Motovario
Max Wang, Taipei; Adam Hwang, DIGITIMES

Own-brand electric machinery and consumer electronics maker Teco Electric & Machinery will acquire a 100% stake in Motovario S.p.A., a Italy-based maker of gear reducers, motors and other power-transmission products, at EUR186.8 million (US$205...

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