TCS buys Porsche’s MHP for €320m and lands a €1.25bn contract with it
Tata Consultancy Services is buying MHP, the management and IT consultancy Porsche has owned for years, for €320m, and signing a five-year engagement with the carmaker worth €1.25bn on top of it.
The two halves are what make the deal worth reading, because Porsche is simultaneously disposing of an asset and committing to buy back a version of what it produced from a firm rebuilding itself around deployed AI engineers.
MHP is a substantial business rather than a captive department. It employs about 4,500 people, generated €742mn of revenue in 2025, and serves more than 300 clients across automotive and industrial sectors, with practices spanning SAP implementation, manufacturing digitalisation, and software-defined mobility.
All 4,500 employees move to TCS when the transaction closes, which both companies expect within three to four months. Porsche will remain a customer rather than an owner, and TCS will set up a dedicated centre of...
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