“The acquisition marks a transformative chapter in TCE’s growth story,” TCE chairman said. File
| Photo Credit: Special arrangement
Tata Consulting Engineers (TCE), a design, engineering, and project management consultancy, has announced the acquisition of CDI Engineering Solutions (CDI), formerly Comprehensive Designers, Inc. (CDI), a U.S.-based design engineering firm, for an unspecified amount.
This acquisition is expected to help TCE to build a global business of scale. L. Krishnakumar, Chairman of Tata Consulting Engineers said, “This marks a transformative chapter in TCE’s growth story. The addition of CDI significantly enhances our global presence and strengthens our ability to deliver impactful engineering solutions across industries and geographies.”
“With a shared focus on innovation, sustainability and client excellence, this partnership supports our vision of making meaningful contributions to economies and communities worldwide,” he said.
Amit Sharma, MD & CEO said, “By combining TCE’s expertise in engineering design and project management with CDI’s technical excellence and established North American presence, we are forming a competitive entity capable of delivering exceptional value to clients.”
“Together, we can address urgent global priorities, from energy transition to sustainable infrastructure development,” he said. TCE’s global delivery platform will now include CDI’s eight engineering centres in the U.S.
Published – January 01, 2025 01:26 pm IST
