Altran announces the acquisition of Pricol Technologies, an India-based engineering solutions provider enabling its global customers to take their products from simple concept to manufacturing.
Pricol Technologies offers a wide range of services in the area of embedded systems, mechanical design, industrial design, prototyping, testing support and contract manufacturing, focusing on the automotive, medical, consumer and industrial products sectors.
The acquisition of Pricol Technologies will help accelerate the execution of Altran’s Strategic Plan, ‘Altran 2020. Ignition’:
- With more than 60% revenue generated in the USA from a portfolio of long-term blue-chip clients, the acquisition of Pricol Technologies is in line with Altran’s expansion plan in North America.
- The innovative and proprietary “co-engineer” offshore model recognized for its efficiency and high-quality delivery, Pricol Technologies will support the expansion Altran’s Industrialized GlobalShore© delivery capabilities, which will exceed 4,500 engineers.