New year begins with a new horizon for Tata Consulting Engineers, as it acquires US’s CDI Engineering Solutions, eyeing North American market to cater to sectors including semiconductors and battery manufacturing.
On Wednesday, Tata Consulting Engineers (TCE) announced the acquisition of US-based CDI Engineering Solutions. This move aims to strengthen TCE’s global presence and sustainable offerings, particularly in the North American market.
With this deal, TCE will gain access to CDI’s eight engineering centres across the United States as the companies look for a unified platform to deliver their solutions.
CDI Engineering Solutions, formerly Comprehensive Designers, is recognised for its expertise in diverse sectors, including energy, chemicals, semiconductors, and battery manufacturing.
The firm caters to both traditional and emerging energy markets, including areas like battery materials, carbon capture, and low/zero-carbon fuels. According to a press release by TCE, it complements the latter’s strength in project management and engineering design.
Eyeing to address global issues of decarbonisation and resilient infrastructure development, L. Krishnakumar, Chairman of TCE, noted, “This marks a transformative chapter in TCE’s growth story.”
“With CDI’s technical excellence and established North American presence, we are forming a competitive entity capable of delivering exceptional value to clients,” added Amit Sharma, MD and CEO of TCE.
Steve Karlovic, President of CDI, expressed excitement about the partnership, stating, “This partnership offers a unique opportunity to deliver growth opportunities for our employees.”
However, none of the companies have disclosed the financial information of this acquisition.
