Quest Global, a world leader in diversified engineering solutions has announced the acquisition of EDF GmbH. This acquisition is a significant move for Quest Global in its diversification strategy for 2020.
This acquisition will
- Strengthen the width and depth of engineering service offering to Quest Global’s customers in terms of automotive engineering services and domain knowledge.
- Enhance Quest Global’s capabilities in transportation, and add on to Quest Global’s existing automotive portfolio.
- Help Quest Global gain a stronger presence in its core target markets of Western Europe, specifically in Germany.
Founded in 1989 and headquartered in Munich, Germany, EDF GmbH is a premier automotive engineering services and prototyping company servicing Fortune 500 clients such as BMW, Volkswagen and Daimler. With more than 320 employees, EDF GmbH offers an integrated range of services including Development & Design, Electronics, Electrics & Software, Prototyping & Small-batch Parts Production, Project Management & Material Control, and System integration.
EDF Managing Director, Gerhard Hauk says, “I am delighted with the acquisition of EDF by Quest Global. The union of our companies brings great opportunities for our customers and employees. Throughout the sale process, we were looking for a partner who has a proven track record, excellent market reputation, and engineering focus. Quest Global was the best fit by far. Our expertise in the automotive domain complements Quest Global’s capability. Together Quest Global and EDF have significant growth opportunities and I look forward to being part of the journey.”
Commenting on the acquisition CEO Ajit Prabhu, Quest Global said, “To emerge as the most trusted and long term engineering solutions providers for our customers, we are constantly on the lookout for assets with outstanding engineering capability. EDF has an excellent reputation and experienced engineering talent in the automotive vertical. By combining our talented engineering teams, we will be able to emerge as a top preferred engineering partner for our customers.”
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About Quest Global
At Quest Global, it's not just what we do but how and why we do it that makes us different. We're in the business of engineering, but what we are really creating is a brighter future. For over 25 years, we've been solving the world's most complex engineering problems. Operating in over 20 countries, with over 85 global delivery centers, our 21,000+ curious minds embrace the power of doing things differently to make the impossible possible. Using a multi-dimensional approach, combining technology, industry expertise, and diverse talents, we tackle critical challenges faster and more effectively. And we do it across the Aerospace & Defense, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor industries. For world-class end-to-end engineering solutions, we are your trusted partner.
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