1.30 (0.38%) Tata Motor’s subsidiary, Tata Technologies, has signed definitive agreements for the acquisition of US based Cambric Corporation, a premier engineering services company providing turnkey engineering services to its customers.
This partnership is expected to strengthen Tata Technologies’ global footprint and domain capabilities to provide high end engineering service to a diverse set of existing and new clients, especially in Europe, while providing Cambric access to the Asia pacific region.
Cambric is a US headquartered global engineering service company with a significant footprint in Eastern Europe. The company has three development centres in Romania and its customers include some of the world’s marquee heavy machinery, agricultural, off-highways and automotive companies.