Tata Technologies acquires Germany-based ES-Tec Group for €75 million

Tata Group’s digital and engineering services arm Tata Technologies (TTL) has acquired Germany-based ES-Tec Group for €75 million as the company looks to deepen its presence in Europe and strengthen its play in next-gen automotive engineering.

The all-cash deal, which will be completed over two years will be based on Es-Tec meeting certain performance objectives over two years. The acquisition is expected to be EPS accretive from the first full year of operations, TTL said in a statement late Saturday.

Founded in 2006 and headquartered in Wolfsburg, ES-Tec provides premium engineering services to global carmakers with a strong focus on driver assistance systems (ADAS), connected driving and digital engineering. It employs over 300 engineers and counts top European OEMs as clients .


The acquisition gives Tata Technologies a strategic foothold in Germany—home to the world’s most advanced auto innovation ecosystem—and widens its access to marquee OEM accounts. “This acquisition is a strategic leap that enhances our ability to deliver end-to-end product engineering solutions across the automotive value chain,” said Warren Harris, MD & CEO, Tata Technologies .

Marc Wille, MD & CEO of ES-Tec, said the partnership would expand the company’s international reach while improving pricing competitiveness and development cycles.

The deal comes as European automakers step up investments in ADAS, electrification, and software-defined vehicle platforms, driving demand for engineering service providers. The European ESP market is projected to grow from €4.5 billion in 2020 to €11.7 billion by 2030.

The transaction is subject to regulatory approvals. MCF Corporate Finance advised Tata Technologies on the deal.