Tech Mahindra to acquire Beris Consulting through its German subsidiary
4th Oct 2021

Tech Mahindra is planning to acquire IT consultancy service provider Beris Consulting Gmbh for 7 million euro or about Rs 60 crore through its German subsidiary. The transaction is expected to close by October 8, 2021. The acquisition will help Tech Mahindra unlock the transformational growth in the IT and application space for the automotive industry as a result of EV, sharing and mobility. It will also enable the company to expand presence, local expertise and client relationships in the German market.

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