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Tata Technologies entered into a definitive agreement to acquire Escenda Engineering AB, which will become a wholly owned subsidiary of Tata Technologies Europe. The acquisition aims to expand Tata Technologies' presence in Europe.
“The acquisition helps Tata Technologies accelerate its plans to expand in Europe due to the rapid growth opportunity the region offers in both the automative and industrial machinery sectors.”equitypandit.com
Summarized from public sources; check the original articles before acting on it.