Tata Technologies' wholly-owned subsidiary will acquire 100% of ES-Tec Group for €75 million cash.

This strategic move significantly boosts TTL's Engineering R&D capabilities, particularly in high-growth areas like ADAS, Connected Driving, and Digital Engineering.

The acquisition expands TTL's footprint in Germany, accessing a strong talent pool of over 300 skilled engineers.

This deal enhances their automotive offerings and is expected to be EPS accretive from the first full year, strengthening global customer value proposition.