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
Quest Global is a global engineering services company that supports customers across a range of industries, including Aerospace & Defence, Automotive, Energy, Hi-Tech, MedTech & Healthcare, Rail and Semiconductor. The company operates in more than 20 countries with engineering and delivery centres worldwide.
Media Contact:
Dhanya Nambiar | Quest Global | [email protected]