TECO

What TECO does

TECO (Total Engineering Concept) is an indigenous Nigerian engineering solutions provider founded in March 1980 by Engr. C.A. Aladewolu and headquartered in Ikeja, Lagos. The company operates through two wholly-owned subsidiaries: TECO Limited, which delivers electrical and mechanical engineering services including packaged substations, LV/MV/HV switchgears, motor control centers, HVAC systems, PLC and automation, data center infrastructure, and meat/poultry processing equipment; and TECO Mills and Steel Works (TECO MSW), which designs, fabricates, installs, and commissions palm oil and palm kernel extraction mills (capacities from 1.5 to 20+ ton FFB/hr), steel works, and provides engineering consulting services. TECO has represented Eaton Industries (Netherlands) BV in Nigeria for over 25 years and serves enterprise clients including NLNG, SPDC, Seplat, Shell, Dangote, MTN, Globacom, and P&G across the Oil & Gas, Power, Food Processing, Agriculture, Construction, and Telecommunications sectors. The company holds ISO 9001, NCDMB, NUPRC, and NEPC certifications and operates a fabrication factory in Ondo State commissioned in 1991.

TECO generates revenue through bespoke, project-based engineering delivery including design, fabrication, installation, and commissioning, plus bundled equipment and spare parts supply and recurring after-sales maintenance. Pricing is quote-based and tailored to each client's specifications, with payment accepted in Nigerian Naira as a key differentiator against foreign competitors. The go-to-market motion is enterprise field sales targeting major industrial operators through consultative, solution-selling engagements driven by industry reputation, referrals, sector events, and inbound quote requests via the corporate website. The marketing mix combines a project-gallery-driven website, LinkedIn/Facebook/Twitter/Instagram presence, and direct inquiry pathways, with no resellers or distributor channels. Customer segments span both primary enterprise industrial clients (NLNG, Shell, Dangote) for high-value electrical infrastructure projects and a longer tail of mid-sized palm oil processors and government community mills across Nigeria.

Name

TECO

Legal name

TECO Group Nigeria

Website

https://tecogroupng.com

Company type

Private

Founded year

1980

Operating status

Operating

Headcount range

101–250 employees

Short description

TECO is a Nigerian engineering solutions provider founded in 1980, operating through TECO Limited (electrical and mechanical engineering for Oil & Gas, Power, Telecom) and TECO Mills and Steel Works (palm oil mills, fabrication), serving enterprise clients including NLNG, Shell, Dangote, and SPDC across multiple industrial verticals.

Ownership category

akta.pro rank

Product category

Industrial Engineering Services

NAICS

Food Product Machinery Manufacturing (333241), Electrical Equipment Manufacturing (3353)

SIC

Electrical Industrial Apparatus (3620), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Food & Beverage Processing Plant Construction (IMAFADAH)

akta.pro secondary industry

Power Plant Electrical Systems EPC (Switchyard, Transformers, Protection & Controls) (EUAEAAAM)

Keywords

• Industrial engineering services
• Palm oil mill fabrication
• Electrical power distribution
• Switchgear manufacturing
• Oil and gas engineering

Headquarters

HQ city

Ikeja

HQ country

Nigeria

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Engineering Project Delivery: TECO generates revenue through the delivery of bespoke engineering projects including design, fabrication, installation, and commissioning of palm oil mills, electrical substations, switchboards, and mechanical structures. Projects are custom-designed and sold on a per-project basis, typically as one-time engagements with clients in industrial sectors.
2. Equipment and Spare Parts Supply: Revenue is generated from the supply of equipment, packaged substations, switchgears, motor control centers, and spare parts procurement, often bundled with installation and commissioning services.
3. After-Sales Maintenance and Servicing: Ongoing maintenance and servicing of installed equipment and systems, providing recurring revenue from the existing installed base of clients.
4. Engineering Consulting Services: Expert engineering consultancy services providing advice and guidance on engineering projects to optimize performance and efficiency, charged on a project or retainer basis.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels6 records

Core offering

TECO designs, fabricates, installs, and commissions industrial engineering systems in Nigeria, with two main lines: (1) TECO Limited supplies packaged substations, LV/MV/HV switchgears, motor control centers, PLC and automation systems, HVAC, data center services, and liquid nitrogen plants to the Oil & Gas, Power, Telecommunications, and Food Processing sectors; and (2) TECO Mills and Steel Works designs and locally fabricates palm oil mills (1.5 to 20+ ton FFB/hr), palm kernel extraction plants, and steel structures for the agricultural and food processing sectors. The company delivers turnkey projects from Front End Engineering Design (FEED) through installation, commissioning, and after-sales maintenance.

Product overview

TECO (Total Engineering Concept) is a Nigerian engineering solutions provider with two main subsidiaries offering distinct product lines. TECO Limited provides electrical engineering products including Packaged Substations, LV/MV/HV Switchgears, Capitol 40 Motor Control Centers, Halyvester Panels, Synchronization Panels, HVAC Systems, PLC and Automation Systems, and Data Center Services, along with meat/poultry processing equipment and liquid nitrogen plants. TECO Mills and Steel Works (MSW) focuses on agro-allied processing equipment including Palm Oil and PKO Mills (1.5 to 20 ton capacities), Palm Kernel Extraction systems, Steel Works and Fabrication services, and Engineering Consulting Services. The company operates as a unified engineering solutions provider with both subsidiaries serving the Oil & Gas, Power, Agriculture, Food Processing, Construction, and Telecommunications sectors across Nigeria.

Differentiator

Problem solved

Functional benefit

Products and services

• Packaged Substations
• LV/MV/HV Switchgears
• Capitol 40 Switchboard (Motor Control Center)
• Halyvester Panel
• Synchronization Panel
• Palm Oil and PKO Mills
• Palm Kernel Extraction
• Steel Works and Fabrication
• Engineering Services
• Poultry Processing Plants
• HVAC Systems
• Data Center Services
• PLC and Automation Systems
• Liquid Nitrogen Plants

Quantifiable outcome

• 43+ years of continuous operation since founding in March 1980
• +3 more outcomes

Named customers22 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Eaton Industries (Netherlands) BVcoreChannel Partner/ Reseller/ DistributorTECO has represented Eaton Industries (Netherlands) BV in Nigeria for more than 25 years. Through this exclusive partnership, TECO distributes Eaton's electrical power distribution equipment including packaged substations, switchgears, and related products to the Nigerian market, particularly serving the Oil & Gas sector.

Scale indicators8 records

Recent moves8 records

Expansion highlights4 records

Direct peers

• Desmet Ballestra: Belgian specialist engineering firm delivering vegetable oil and fat processing plants, including palm oil milling technology. Comparable on EPC-of-palm-oil-plants scope and on the niche localization of processing designs.
• Alfa Laval: Swedish industrial equipment maker with a dedicated palm oil processing and edible oils business. Closely comparable to TECO on the agro-allied / palm oil processing equipment side of the portfolio.
• Bühler Group: Swiss-headquartered manufacturer of food and feed processing machinery, including complete palm oil milling plants. Directly competes with TECO Mills and Steel Works in palm oil processing equipment design, fabrication, and commissioning globally.

Broad incumbents

• Schneider Electric: French global specialist in electrical distribution, energy management, and industrial automation. Overlaps with TECO's LV/MV switchgear, packaged substation, motor control center, and PLC automation work in oil-and-gas and industrial facilities across Africa.
• ABB: Swiss-Swedish industrial electrical equipment and automation leader serving utilities, oil and gas, and process industries. Competes with TECO Limited in industrial switchgear, motor control, and power distribution, though as part of a much broader portfolio.
• Siemens Energy: Global EPC and electrical equipment supplier for power generation, transmission, distribution, and oil-and-gas projects. Overlaps directly with TECO Limited's LV/MV/HV switchgear, packaged substation, and power distribution EPC work, but at vastly greater scale.

Regional players

• Oilserv Group: Nigerian engineering, procurement, and construction firm focused on oil and gas pipeline and facility infrastructure. Comparable Nigerian-region EPC competitor for TECO's oil-and-gas electrical and mechanical installation work.

Others

• Eaton: TECO's exclusive in-country distribution partner for 25+ years and a global manufacturer of electrical power distribution equipment, including the Capitole 40 switchboard family that TECO integrates. Acts as both supplier and adjacent competitor to TECO's electrical EPC business.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Tecogroupng
• Facebookfacebook.com/TecoLimited
• LinkedInlinkedin.com/company/teco-group-nigeria
• Instagraminstagram.com/tecogroupng

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about TECO