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Announced

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Ashok Leyland-backed Hinduja Tech completed the acquisition of TECOSIM Group.

Synopsis

Ashok Leyland-backed Hinduja Tech, a mobility-focused global engineering and R&D technology company, completed the acquisition of TECOSIM Group, a European engineering services provider. Financial terms were not disclosed. "We are delighted to have TECOSIM Group join the Hinduja Tech family. This reinforces our unwavering commitment to innovation and growth. 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," Kumar Prabhas, Hinduja Tech CEO.

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