In November 2024, Hinduja Tech completed its acquisition of the entire share capital of TECOSIM Group.
Kroll provided financial and tax due diligence services to Hinduja Tech regarding the transaction.
About Hinduja Tech
Hinduja Tech, part of the multi-billion-dollar Hinduja Group, is the integrated product engineering and digital technologies solutions provider for the mobility industry. As a partner of choice, HT works with leading automotive organizations (OEMs & Tier-X Suppliers) and disruptive mobility players in North America, Europe, APAC and India. Hinduja Group has a presence in over 38 countries and employs about 200,000 people with multiple industry verticals like mobility, lubricants & specialty chemicals, banking & finance, digital technology, energy, media & entertainment, realty, health care, project development and trading.
About TECOSIM Group
TECOSIM Group, headquartered in Wiesbaden, Germany, is a globally active engineering company renowned for developing technological solutions that promote sustainable transport, safe and clean energy supply and a competitive industrial landscape. Started as a German engineering company, the TECOSIM Group has now earned an exceptional reputation in Europe, Asia and the U.S. through its global expansion and is known for its expertise in simulation, testing and engineering services, catering to a diverse range of industries including automotive, energy, and industrial sector.
“The Kroll transaction advisory team demonstrated a thorough understanding of the tax regulations and finance landscape across multiple geographies and provided us with key inputs for decision making. The team members were collaborative and able to understand the business quickly to provide valuable insights.”
Hinduja Tech team
