SNP advises mind Venture on the sale of TECOSIM to Hinduja Tech

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Munich, December 4, 2024 – The commercial law firm SNP Schlawien advised mind Venture AG on the sale of Tecosim Group GmbH as well as all subsidiaries to Hinduja Tech Limited. The team led by SNP partners Dr Philipp Schlawien and Dr Armin Fary was particularly involved in drafting and negotiating the contracts, as well as managing, implementing and supporting the due diligence process.

The TECOSIM Group, headquartered in Wiesbaden/Germany, and with over 650 employees in the USA, UK, Germany, Romania, Japan and India, is a globally active engineering company known for its expertise in simulation, testing and other engineering services in the fields of virtual validation and body engineering.

Hinduja Tech Limited, part of the Indian Hinduja Group, is an automotive-focused global engineering and R&D technology company that works with leading automotive companies, including OEMs and Tier X suppliers, in North America, Europe, Asia-Pacific and India.

With this acquisition, Hinduja plans to expand its presence in the European mobility engineering and R&D market and offer a comprehensive range of services, from advanced technological
innovations to leading systems integration.

Advisor mind Venture AG     
SNP Schlawien, Munich: Dr Philipp Schlawien (lead management), Dr Armin Fary (both M&A)
Capitalmind Investec, Wiesbaden: Ervin Schellenberg, Arne Laarveld, Julius Kreutz
Blomstein, Berlin: Dr Leonard Freiherr von Rummel (foreign trade law)

Press contact

Dr Philipp Schlawien
Attorney
Certified specialist in commercial and corporate law
Partner

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