Hinduja Tech Acquires TECOSIM Group, Strengthens Global Mobility Engg Footprint

Mobility Outlook Bureau
30 Nov 2024
11:30 AM
1 Min Read

The acquisition marks a significant milestone for Hinduja Tech, bolstering its presence in Europe and advancing its vision to become one of the top 10 global mobility engineering and R&D companies.


Hindujatech

Hinduja Tech Limited, a mobility-focused global engineering and R&D technology company and a subsidiary of Ashok Leyland, announced the completion of its acquisition of TECOSIM Group, a leading European engineering services provider.

TECOSIM Group, known for its expertise in virtual validation and body engineering, brings a wealth of innovation and technical talent to Hinduja Tech. By integrating TECOSIM’s capabilities, Hinduja Tech aims to deliver a comprehensive suite of solutions spanning advanced technology innovation and systems integration. This collaboration positions the Hinduja Tech Group to address the evolving needs of the global mobility industry through its unique global delivery model.

Kumar Prabhas, CEO of Hinduja Tech Limited, said, 'TECOSIM Group’s virtual validation and body engineering expertise perfectly complements our existing capabilities, allowing us to offer a comprehensive range of solutions. Together, we will drive the future of automotive engineering and shape the contours of the global mobility landscape.'

Udo Jankowski, Managing Director of TECOSIM Group, stated, 'Joining forces with Hinduja Tech is a game-changer for TECOSIM. Their global reach and industry expertise, coupled with our technical strengths, create a winning combination. We are excited to embark on this journey, delivering exceptional value to our clients and driving technological advancements in the global mobility value chain.'

The acquisition significantly expands Hinduja Tech’s global footprint, solidifying its presence in Europe and enabling access to a broader and more diverse customer base. With over 650 employees across the UK, Germany, Romania, Japan, and India, TECOSIM adds considerable depth to Hinduja Tech’s capabilities. This enhanced geographic reach and technical expertise will enable Hinduja Tech to address complex challenges in the automotive sector, delivering innovative solutions focused on efficiency, sustainability, and performance.

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