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Tata Technologies completes Es-Tec Group acquisition ahead of schedule

November 27, 2025 at 11:39 AM UTCBy FilingReader AI

Tata Technologies announced the successful completion of its acquisition of 100% equity shares of Germany's Es-Tec GmbH and its subsidiaries, collectively known as Es-Tec Group. The transaction, valued at €75 million, was finalized on November 27, 2025, ahead of the initial December 31, 2025, timeline. This strategic move, executed through Tata Technologies' wholly owned subsidiary, Tata Technologies Pte. Limited, Singapore, integrates Es-Tec GmbH as a subsidiary.

This acquisition enhances Tata Technologies' position as a global engineering and digital services provider, particularly in the automotive sector. It brings over 300 German engineers with expertise in ADAS, connected platforms, systems engineering, and embedded software into Tata Technologies' network. The deal provides direct access to European OEM programs, positioning the company at the forefront of vehicle research and electrification with major European OEMs like BMW and Volkswagen.

The integration is expected to deliver significant strategic and commercial benefits, including a diversified client footprint, cross-selling and integration synergies across North America, Europe, and Asia, and a "Glocal" delivery model combining German precision with Indian scale to optimize costs and quality.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

BSE:TATATECHBombay Stock Exchange

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