Sweden’s Escenda to become part of Tata Tech

Sweden’s Escenda to become part of Tata Tech

Sweden’s Escenda to become part of Tata Tech

Acquisition to boost the Tata group firm’s global operations

Tata Technologies has entered into a definitive agreement to acquire Escenda Engineering AB, a Gothenburg, Sweden-based automotive product engineering and design firm, for an unspecified amount.

“The acquisition of Escenda is another boost to our international footprint as well as our capabilities in the automotive sector, where we already support a range of global OEMs,” said Warren Harris, chief executive officer, Tata Technologies.

Read more here: The Hindu.