Tesco subsidiary signs definitive agreement with Tech Field Services
HOUSTON -- TESCO Corporation has announced the signing of a definitive agreement between its subsidiary, Tesco Corporation (U.S.), and Tech Field Services Inc. (TFS). Under the terms of the definitive agreement, Tesco Corporation (U.S.) has acquired the assets of TFS, and will incorporate the TFS business into its U.S. after-market sales and service (AMSS) operations.
TESCO specializes in top drive sales, rentals and after-market services. Established in 2006 in Magnolia, Texas, TFS provides parts, maintenance and repairs for multiple top drive manufacturers, including TESCO top drive units. In addition to its core AMSS business, TFS offers hydraulic top drive rental units to customers.