Announced
Financials
Sources
Tags
Germany
automotive engineering services
Acquisition
Private
Friendly
Auto Services
Cross Border
Majority
Pending
Single Bidder
Synopsis
HCLTech, a global technology company, agreed to acquire ASAP Group, an automotive engineering services provider. Financial terms were not disclosed. “We are delighted to align our growth journey with HCLTech’s purpose of bringing together the best of technology and people to supercharge progress for all stakeholders. We are confident that the combination of HCLTech and ASAP’s engineering and technology performance will bring best-in-class advantages to the automotive industry worldwide,” Michael Neisen, ASAP Group CEO.
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