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

16 Sep 2025 CW Team

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.

Infrastructure Urban

14 Nov 2025

CM Inaugurates Rs 3.7 Billion Vilholi Water Treatment Plant in Nashik

Chief Minister Devendra Fadnavis inaugurated the Nashik Municipal Corporation’s 274 MLD Vilholi Water Treatment Plant and the upgraded Mukane water supply scheme, a Rs 3.7 billion project designed to provide a reliable and sustainable water supply to more than 55 lakh residents. The system will also cater to over 1 crore visitors expected during the 2027 Simhastha Kumbh Mela.Funded partly through Rs 2 billion Green Sustainable Bonds, the project strengthens Nashik’s long-term water security, ensures year-round availability, and enhances the city’s preparedness for peak tourist inflow. It..

Indian Speciality Chemical Industry Poised for Strong Global Growth

The International Center for Biosaline Agriculture (ICBA), in partnership with Al Rostamani Group, has inaugurated three major facilities at its Dubai headquarters: a Training and Knowledge Transfer Building, a Plant Tissue Culture Laboratory, and an Integrated Agri-Aquaculture System. The launch took place in the presence of H.E. Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, marking a significant step forward in strengthening the UAE’s agricultural innovation ecosystem.Fully funded by Al Rostamani Group, the new facilities reinforce ICBA’s role as a leading ..

Mooreast to Explore Up to 500 MW RE Projects in Timor-Leste

Mooreast Holdings, listed on the Singapore Exchange Catalist, announced that it will begin feasibility studies this month for the development of up to 500 megawatts (MW) of large-scale renewable energy (RE) projects in Timor-Leste.The studies follow a Letter of Intent (LOI) signed between Mooreast and the Secretario de Estado de Electricidade Agua e Saneamento (SEEAS), the secretariat for Electricity, Water and Sanitation under Timor-Leste’s Ministry of Public Works. Under the LOI, Mooreast will explore the development of 300–500 MW of floating renewable energy over the next five to ten ye..