Tata Technologies Acquires Germany’s ES-Tec to Bolster Global…

Sarah J · 2025-10-07T21:16:52.000Z

Tata Technologies has agreed to acquire 100% of ES-Tec Group, a German engineering services firm, for a cash consideration of €75 million (to be paid over two years, with performance-based earn-outs). This move adds over 300 engineers with strong expertise in advanced driver assistance systems (ADAS), connected driving, and systems engineering. The acquisition strengthens Tata’s presence in Europe, enhances its offerings in next-generation mobility, and opens up cross-sell opportunities with automotive OEMs. It is expected to be accretive to earnings per share from the first full year of operation.

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Tata Technologies Acquires Germany’s ES-Tec to Bolster Global… | SEINET