# Sumitomo and Tech Mahindra form automotive engineering JV

Sumitomo Corporation and Tech Mahindra Limited have formed a joint venture, SCTM Engineering Corporation of Japan, to provide engineering services to the automotive sector. The European Commission approved the acquisition of joint control on 11 December 2020.

- Type: Acquisition
- Announced: 2020-12-11
- Where: Japan
- Status: announced
- Products: engineering services for automotive sector
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Sumitomo Corporation](https://endata.com/companies/6281.md) (partner)
- [Tech Mahindra Limited](https://endata.com/companies/52053.md) (partner)
- [SCTM Engineering Corporation of Japan](https://endata.com/companies/52054.md) (target)

## Sources

- [eulawlive.com](https://eulawlive.com/joint-venture-by-sumitomo-and-tech-mahindra-approval-decision-published/), 2020-12-21: "The newly created joint venture will provide engineering services to the automotive sector."

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