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News Topical, Digital Desk : Tata Group company Tata Technologies Limited (TTL) on Saturday, September 13, 2025 announced that the company will acquire Germany's ES-Tech GmbH and its subsidiaries (ES-Tec Group). The all-cash deal is worth 75 million euros. The company said in an exchange filing that Tata Technologies has signed a definitive agreement to buy 100 per cent equity shares of the German company. The payment will be made in the next two years.
This acquisition is a significant step in Tata Technologies' global expansion strategy. ES-Tec Group's strong presence in Germany gives Tata Technologies the opportunity to expand its engineering, research and development (ER&D) operations in Europe. Germany is considered a global hub of automotive innovation, which will provide TTL with a strategic foothold.
MD & CEO Statement Tata Technologies MD and CEO Warren Harris said, "The acquisition of ES-Tec Group is a strategic move that enhances our capability to provide end-to-end product engineering solutions across the automotive value chain. It also reflects our commitment to global expansion and access to innovation capabilities." Share performance On Friday, Tata Technology shares closed at Rs 702.85 with a gain of 0.11 per cent. In the last one year, the company's stock has seen a decline of 35.79 per cent.
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