JBM Group acquires TescoGo
The JBM Group has announced that it has acquired TescoGo, a high level engineering services provider for Italian and international customers
The JBM Group has announced that it has acquired TescoGo, a high level engineering services provider for Italian and international customers belonging to different sectors such as Automotive (passenger cars, light and heavy commercial vehicles), aerospace and the transportation industry (trains, metros). TescoGo, which has a global presence in Detroit, London, Munich, Stuttgart and Turin, has a staff strength of around 300. It offers a broad range of services, from concept to physical and virtual modeling, CAD engineering and CAE virtual simulation, prototypes, one-off and show cars realisation, up to testing and homologation, with constant production support and a high level project management follow-up. The acquisition was done through group company JBM Cadmium Ltd.
Over the years, TescoGo has been catering to a wide spectrum of automotive clients including Piaggio, MAN, McLaren, Mercedes-Benz/Daimler, JMC Ford, Iveco, Lamborghini, Scania, Bajaj Auto, BMW, Chrysler, Fiat, Maserati, and Tata Motors.
According to Nishant Arya, executive director, JBM Group, “TESCO GO is the global name to reckon with in the automotive world and now it has become an integral part of the JBM Group. With this, the JBM Group will look for more such international acquisitions and technical expertise to excel in engineering and technology by thinking globally and acting locally for the benefit of the masses.”
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