Porsche sells subsidiary MHP to Indian conglomerate:
Porsche AG is taking another step towards becoming a sports car manufacturer and is selling its management ...
merkur.de/wirtschaft/porsche-verkauft-tochterunternehmen-mhp-an-indien-konzern-zr-94457380.html
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Porsche signs MHP sale agreement with TCSThe consulting subsidiary in Ludwigsburg employs more than 4,800 people.
Key FactsAug 25, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: merkur.de
Summary created with AI assistance · Source: merkur.de
- On August 24, Porsche AG signed an agreement with Mumbai-based Tata Consultancy Services (TCS) to sell MHP Management- und IT-Beratung GmbH.
- The takeover of MHP is still subject to regulatory and antitrust approvals.
- MHP was founded in 1996, has been a Porsche subsidiary since 1998, and employs more than 4,800 people in Ludwigsburg.
- According to the announcement, TCS plans to acquire the group in its entirety and retain MHP as an independent consultancy, which is expected to remain an important Porsche partner.
With the sale of MHP to Tata Consultancy Services, Porsche is taking another important step in its strategy to consistently focus on its core business.— From Porsche's press release on the sale of MHP, quoted Michael Leiters, CEO of Porsche.
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German automobile manufacturer specializing in high-performance sports cars, SUVs and sedans, owned by Volkswagen AG
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Summary created with AI assistance · Source: merkur.de
Summary created with AI assistance · Source: merkur.de
- Porsche signed the agreement on August 24 to sell MHP to Tata Consultancy Services (TCS), headquartered in Mumbai.
- MHP employs about 4,800 people worldwide and generated approximately €743 million in revenue in 2025.
- According to a notice to the Mumbai stock exchange, MHP was valued at €320 million.
- Mieschke notes that Porsche bought Hofmann’s remaining 18.2 percent in 2024 under terms implying a company value of about €1.5 billion.
If I were dead, I would turn in my grave today.— Lutz Mieschke, co-founder of MHP, in a LinkedIn post criticizing the sale of MHP to the Tata Group
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Key FactsReports: Porsche Plans MHP Sale and RUF Acquisition
Aug 19, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: merkur.de
Summary created with AI assistance · Source: merkur.de
- Börsenzeitung reports that the sale of Porsche subsidiary MHP, fully acquired in 2024, is imminent and could be completed in August 2026.
- WirtschaftsWoche reports that Porsche is planning to acquire RUF Automobile GmbH in Pfaffenhausen, Bavaria’s Unterallgäu district.
- MHP employs more than 4,800 people in Ludwigsburg, while RUF has around 80 employees in Pfaffenhausen.
- Porsche gave no further details on the sale because the process is ongoing, but said employees’ future was its priority and MHP could remain a strategic partner after a possible spin-off.
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