Chilean modular space specialist buys in Spain

Chilean modular space specialist Tecno Fast has acquired 100% of the capital of Spanish modular space business Alco Rental Services for an undisclosed sum.

The transaction, completed 18 January, represents Tecno Fast’s first entry into Europe and described in a statement on the purchase as “part of an ambitious international expansion plan to consolidate Tecno Fast as one of the leading companies in modular spaces worldwide.”