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Triumph Modular, a Littleton-based modular space and portable storage solutions provider, has been acquired by Tecno Fast, a Chilean modular construction company, according to a Tuesday press release.
The acquisition marks Tecno Fast’s first entry into the North American market after operating in South America for 26 years, according to the release.
The company will continue operating in the United States as Triumph Modular.
"Since our creation in 1995, we dreamed of becoming the global leader in the sale and lease of modular solutions and of our entry into the U.S., a very attractive market that generates over $12 billion in revenues. Today, we are closer to achieving that objective," said Cristián Goldberg Valenzuela, president of Tecno Fast, in a company statement.
Tecno Fast leases more than 4.3 million square feet in commercial, industrial and hospitality solutions and has developed more than 21 million square feet in industrial manufacturing projects, per the release.
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Worcester Business Journal presents a special commemorative edition celebrating the 300th anniversary of the city of Worcester. This landmark publication covers the city and region’s rich history of growth and innovation.
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