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
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 was the best fit by far. Our expertise in the automotive domain complements Quest’s capability. Together Quest 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.”
For more than 20 years, Quest Global has been a trusted global product engineering and lifecycle services partner to many of the world’s most recognized companies in the Aerospace & Defense, Automotive, Energy, Hi-Tech, Medical Devices, Rail and Semiconductor industries. With a presence in 13 countries, 55 global delivery centers and 11,450+ personnel, Quest Global is at the forefront of the convergence of the mechanical, electronics, software and digital engineering innovations to engineer solutions for a safer, cleaner and sustainable world. Quest Global’s deep domain knowledge and digital expertise help its clients accelerate product development and innovation cycles, create alternate revenue streams, enhance consumer experience and make manufacturing processes and operations more efficient.
Kapil Singhal: [email protected]