MUNICH, September 19, 2017 /PRNewswire/ --
QuEST Global Services (QuEST), a global leader in providing premium engineering solutions, has announced the acquisition of DETECH Fahrzeugentwicklung GmbH & Co.KG. DETECH is the second major investment made by QuEST in Germany following the 2015 acquisition of Engineering und Design imFahrzeugbau (EDF) GmbH.
Founded in 2003 and headquartered in Munich, Germany, DETECH offers engineering services for Fortune 500™ clients in the automotive industry, including construction design services for automotive components, calculation/simulation services, DETECH is active for the well-known German automotive manufacturers in project, process and quality management along the entire product development process. DETECH also provides consulting services with a mix of engineering and staffing services.
Rade Livic, CEO, DETECH remarks, "We are excited to be joining the QuEST family. The combination of the two companies offers great opportunities for both our customers and our employees. DETECH's expertise in the automotive industry and QuEST's proven engineering capability and scale will create advanced service offerings for our customers providing value unmatched in the industry. Together, DETECH and QuEST have significant growth opportunities in Europe and we are looking forward to building world class automotive engineering solutions."
Gerhard Hauk, Managing Director, QuEST Global Germany said, "The addition of DETECH into our portfolio will enhance our capacity and capabilities to support our automotive customers. DETECH will also broaden QuEST's spectrum of services and strengthen relations with existing customers in Europe."
Regarding the integration of DETECH into QuEST, Ajit Prabhu, Chairman & CEO, QuEST Global said, "We are constantly looking to add outstanding engineers and entrepreneurial business leaders to our team and we are very excited to have DETECH join us. They will strengthen our position in the automotive industry as well as our delivery capabilities in Germany. The German market is an integral part of our long-term vision to build trusted relationships within the automotive industry. We intend to continue our commitment by growing our team to over 2,000 engineers within the next 5 years; our objective is to help our clients innovate new products using the latest technology. By integrating our talented engineering teams around the world, we will be able to deliver local, cost optimal solutions to our clients and continue our leadership as a preferred engineering partner."
About QuEST Global
QuEST Global is a focused global engineering solutions provider with a proven track record of 20 years serving the product development and production engineering needs of high technology companies in the Aero Engines, Aerospace & Defence, Hi-Tech & Industrial, Medical Devices, Oil & Gas, Power, and Transportation industries.
SOURCE QuEST Global