Tata Technologies Expands Global Reach with Strategic Acquisition of ES-Tec Group

Tata Technologies Strengthens Global Presence with ES-Tec Acquisition Pune, September 13, 2025 – Tata Technologies Limited (BSE: 544028, NSE: TATATECH) has announced the acquisition of 100% equity in ES-Tec GmbH and its subsidiaries, a leading German automotive engineering services firm. The deal, valued at up to €75 million, marks a significant step in Tata Technologies’ global expansion in next-generation mobility solutions. ES-Tec, headquartered in Wolfsburg, Germany, specializes in advanced engineering services in ADAS (Advanced Driver Assistance Systems), Connected Driving, and Digital Engineering. The company reported revenues of €36 million in 2024 and employs over 300 engineers with deep expertise in systems engineering. The acquisition, expected to be EPS accretive from the first full year, will enhance Tata Technologies’ Engineering R&D capabilities, broaden its customer base, and strengthen its presence in Europe’s advanced automotive markets. The transaction is structured as a cash deal with performance-based earn-outs and is expected to close by December 31, 2025, subject to regulatory approvals in Germany and Morocco. Tata Technologies confirmed that this is not a related-party transaction, and none of its directors or promoters have any interest in ES-Tec. Warren Harris, MD & CEO of Tata Technologies, stated, “This acquisition reinforces our strategic focus on innovation and global growth, positioning us as a key partner for OEMs in a rapidly evolving automotive industry.” ✅ DIS: This is for information only and should not be considered investment advice. ✅ FOLLOW: Follow me for more updates.