Tata Tech to Acquire ES-Tec in EUR 75 mn Buyout
Products

Tata Tech to Acquire ES-Tec in EUR 75 mn Buyout

Tata Technologies, the global product engineering and digital services company, has announced its plans to acquire a 100 per cent stake in Germany-based ES-Tec Group for EUR 75 million (over Rs 775 crore). The deal, structured as a complete buyout, will be executed over the next two years and includes performance-based earn-outs.
Headquartered in Wolfsburg, ES-Tec Group was founded in 2006 and has grown into a premier automotive engineering services provider. The company has built a reputation for deep expertise in Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering. It employs more than 300 highly skilled professionals who cater to leading global automotive OEMs.
Commenting on the acquisition, Tata Technologies MD & CEO Warren Harris described the move as a “strategic leap” that will significantly enhance the company’s ability to deliver end-to-end engineering solutions. He emphasised that ES-Tec’s technical expertise and strong client relationships complement Tata Tech’s ambition to be the preferred partner for automakers transitioning to intelligent and sustainable mobility.
ES-Tec’s Managing Director and CEO, Marc Wille, echoed the sentiment, noting that the partnership with Tata Technologies would allow the German firm to broaden its service offerings and expand internationally. “Joining forces with Tata Technologies is a key step for the ES-Tec Group to extend the breadth and depth of capabilities and expand our international presence,” Wille said.
The acquisition is expected to be earnings per share (EPS) accretive from the first full year of operations, making it a financially rewarding deal for Tata Technologies as it expands its European footprint and strengthens its automotive domain leadership.

Tata Technologies, the global product engineering and digital services company, has announced its plans to acquire a 100 per cent stake in Germany-based ES-Tec Group for EUR 75 million (over Rs 775 crore). The deal, structured as a complete buyout, will be executed over the next two years and includes performance-based earn-outs.Headquartered in Wolfsburg, ES-Tec Group was founded in 2006 and has grown into a premier automotive engineering services provider. The company has built a reputation for deep expertise in Driver Assistance Systems (ADAS), Connected Driving, and Digital Engineering. It employs more than 300 highly skilled professionals who cater to leading global automotive OEMs.Commenting on the acquisition, Tata Technologies MD & CEO Warren Harris described the move as a “strategic leap” that will significantly enhance the company’s ability to deliver end-to-end engineering solutions. He emphasised that ES-Tec’s technical expertise and strong client relationships complement Tata Tech’s ambition to be the preferred partner for automakers transitioning to intelligent and sustainable mobility.ES-Tec’s Managing Director and CEO, Marc Wille, echoed the sentiment, noting that the partnership with Tata Technologies would allow the German firm to broaden its service offerings and expand internationally. “Joining forces with Tata Technologies is a key step for the ES-Tec Group to extend the breadth and depth of capabilities and expand our international presence,” Wille said.The acquisition is expected to be earnings per share (EPS) accretive from the first full year of operations, making it a financially rewarding deal for Tata Technologies as it expands its European footprint and strengthens its automotive domain leadership.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement