Tecno Fast expands to Europe

Tecno Fast expands to Europe

Corporate & Sovereign Strategy M&A Chile Spain Coronavirus

Tecno Fast, a modular construction company in Chile, said late Tuesday that it has acquired 100% of Spain's Alco Rental Services and entered a new market four months after breaking into the United States. Santiago-based Tecno Fast, which makes and markets modular cabins, homes, hospitals, hotels, office buildings and other structures, said it agreed to pay €16.2 million ($18.4 million) for Esparreguera-based Alco, which was founded by the García family 55 years ago. In September, Tecno Fast acqu

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