# Tata Technologies to acquire Escenda Engineering AB

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.

- Type: Acquisition
- Announced: 2017-05-08
- Where: Sweden
- Status: announced
- Products: engineering services
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tata Technologies](https://endata.com/companies/17125.md) (acquirer)
- [Escenda Engineering AB](https://endata.com/companies/17126.md) (target)

## Sources

- [equitypandit.com](https://www.equitypandit.com/tata-technologies-going-to-buy-escenda-engineering-ab/), 2017-05-08: "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."
- [setterwalls.se](https://setterwalls.se/en/case/setterwalls-advisor-to-tata-technologies-in-acquisition-of-escenda-engineering-ab/), 2017-05-09: "Tata Technologies has taken the step to expand its presence in Sweden due to the strong growth opportunity in the region in both the automotive and industrial machinery sectors."

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