Hinduja Tech Acquires TECOSIM Group
November 29, 2024
Hinduja Tech Limited, a Chennai-based mobility-focused engineering and R&D company (a subsidiary of Ashok Leyland), has completed the acquisition of Germany-headquartered TECOSIM Group. The deal expands Hinduja Tech's footprint in Europe and adds TECOSIM's virtual validation, simulation and body engineering capabilities to its global mobility engineering offering; TECOSIM has over 650 employees across multiple countries.
- Buyers
- Hinduja Tech Limited
- Targets
- TECOSIM Group
- Industry
- Automotive
- Location
- Hesse, Germany
- Transaction Type
- Buyout
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