# Tech Mahindra to acquire additional 10.02% stake in Pininfarina for €9.46M

Tech Mahindra's subsidiary PF Holdings B.V. initiated a tender offer to acquire 10.02% of Pininfarina S.p.A. for €9.46 million, increasing its stake from 82.57% to 92.59%. The transaction was announced on November 6, 2026.

- Type: Acquisition
- Announced: 2026-11-06
- Where: Italy
- Value: $10.2M (9.46M EUR)
- Status: announced
- Products: automotive design, vehicle design, engineering services
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tech Mahindra Limited](https://endata.com/companies/52053.md) (acquirer)
- [Pininfarina](https://endata.com/companies/94951.md) (target)

## Sources

- [futuresenseindia.com](https://futuresenseindia.com/mergers-acquisitions/tech-mahindra-pininfarina-acquisition-2026/), 2026-11-06: "Tech Mahindra Limited has announced that its subsidiary, PF Holdings B.V., has initiated a voluntary totalitarian tender offer to acquire additional shares of Italian automotive design company Pininfarina S.p.A."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.