NCL Energy
Acquisition in 2025
NCL Energy, based in Kuala Lumpur, Malaysia, is a professional design and build firm that specializes in electrical and mechanical engineering, communications technologies, building security, and audio-visual systems. The company offers project management services, catering to diverse sectors such as highrise buildings, highways, and telecommunication projects.
Motovario S.p.A.
Acquisition in 2015
Motovario S.p.A., founded in 1965 and headquartered in Formigine, Italy, with an additional office in Milano, manufactures and supplies a range of power transmission products, including worm, helical, helical bevel, and shaft mounted gear reducers, as well as motovariators and electric motors. These products are utilized across various industries such as mechanical-electromechanical, food processing, agriculture, oenology, transport and logistics, machine tools, steel, energy, amusement, and chemical and pharmaceutical sectors. Motovario's global reach is facilitated through a network of dealers spanning Italy, Europe, North America, South America, Asia, Africa, and Oceania, supported by assembly centers worldwide. The company operates as a subsidiary of TECO Electric & Machinery Co. Ltd.