Tata Technologies buys Swedish engineering & design specialist Escenda:

has entered into a definitive agreement to acquire AB, the Gothenburg (Sweden) based & design specialist.


The acquisition helps accelerate its plans to expand in Europe due to the rapid growth opportunity the region offers in both the and sectors. Europe’s industry is the world’s leading producer of motor vehicles by volume and is also the largest private investor in R&D in Europe.


Following the acquisition, will become a wholly owned subsidiary of Europe Limited. The company will maintain the same management team and full workforce under the new ownership.
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