Loading…

Tata Technologies entered a definitive agreement to acquire 100% of ES-Tec Group, a German automotive engineering services provider, for a total cash consideration of €75 million. ES-Tec has over 300 engineers specializing in ADAS, connected driving, and digital engineering.
“Tata Technologies (BSE: 544028, NSE: TATATECH), a leading global product engineering and digital services company, today announced that it has entered into a definitive agreement to acquire 100% equity shares of ES-Tech GmbH and its subsidiaries (collectively, ES-Tec Group) for a total cash consider”tatatechnologies.com
Summarized from public sources; check the original articles before acting on it.