TCE Acquires US Firm CDI To Strengthen Global Footprint

Tata Consulting Engineers (TCE), a design, engineering and project management consultancy, has acquired CDI Engineering Solutions (CDI), a 75-year-old US-based company, to enter the North American market. The deal amount has not been disclosed.

Purpose Of This Acquisition

Through this acquisition TCE marks a major move in building a global business, focusing on delivering efficient, innovative, and sustainable projects for customers worldwide.

The acquisition combines the strengths of TCE and CDI to offer value-driven solutions. TCE’s global delivery platform will now include CDI’s eight engineering centers in the US, enabling seamless, scalable solutions while promoting innovation and inclusivity.

Read also - Botanic Healthcare Secures Maiden PE Funding

L. Krishnakumar, chairman, 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.”

Amit Sharma, MD & CEO, Tata Consulting Engineers, said, “This acquisition creates a platform for innovation and sustainable engineering solutions. By combining expertise of TCE 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.”

Steve Karlovic, president, CDI Engineering Solutions, said, “We are excited to join the Tata Consulting Engineers family. TCE and CDI share a commitment to engineering excellence and sustainability. This partnership offers an unique opportunity to deliver value for clients and growth opportunities for our employees. By leveraging our complementary strengths we will push the boundaries of engineering innovation."

TCE, established in 1962 as Tata Ebasco through a joint venture between Tata Group and US-based Ebasco Services Inc to provide engineering design solutions for Tata Power, is now a fully-owned subsidiary of Tata Sons, one of India’s largest private conglomerates.

Advertisment

Funding News: Your Gateway to Every Funding Update.

Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.