Acquire ES-Tec GmbH - Tata Technologies Ltd

Code BSE: 544028 NSE:

Tata Technologies Ltd through its wholly owned subsidiary viz., Tata Technologies Pte. Limited, Singapore, has today i.e. September 13, 2025, signed a definitive agreement to acquire 100% equity shares in ES-Tec mbH, and its subsidiaries (collectively, ES-Tec Group) from MW Beteiligungs mbH. ES-Tec Group is a leading high-end automotive engineering service company in Germany with a specialized focus and deep know-how in ADAS, Connected Driving, and Digital Engineering. This acquisition significantly enhances TTL’s ER&D capabilities and broadens its end-to-end value proposition for global automotive customers Purchase consideration including earn-outs, totaling up to Euro 75 million