Tesco Controls, Inc. (TESCO), a North American control systems provider for the water and wastewater industry, recently announced it has acquired Trimax (TRIMAX) Systems, Inc. for an undisclosed sum. TRIMAX is a Southern California-based systems integrator serving the water and wastewater market, as well as the utility, solar and renewable environmental energy industries. The transaction closed on March 31, 2019.
According to TESCO, the acquisition with TRIMAX will provide opportunities for TESCO to increase its water/wastewater market share in Southern California and gain entry to additional industries served by TRIMAX. Combining the talents of both organizations will expand professional services capabilities and add technological synergies to enhance the customer experience. TESCO’s financial strength and manufacturing capabilities will enable TRIMAX to take on larger projects, and the combined companies are expected to increase profitability and U.S. market share.
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