Successful Acquisition in Europe makes Tooltech the Complete Design and Validation Package Provider

PRLog (Press Release) - Jan 12, 2009 -
In its quest for providing a globally integrated engineering delivery service, Tooltech has acquired a renowned German car engineering company, Misslbeck Engineering (ME) as part of its “string of pearls” acquisition strategy.
Part of the 100 year old Misslbeck group, Misslbeck Engineering, located in Ingolstadt, Munich, is a 30 year old partner to Audi and BMW for interior systems and plastic parts and is a preferred supplier to Rolls Royce. The company strengthens our capabilities in areas of design of body-in-white, interior and exterior parts, simulation and project management.
Merging the basic design offerings of Misslbeck Engineering with existing competencies from India, Sweden, Deutschland and Romania, Tooltech can now offer a complete design and simulation (validation) package. Our capabilities range from design of body-in-white, interior and exterior trims, chassis, powertrain, tool design, design and development of light weight structures in aluminium and steel to simulation and safety analysis.
Tooltech’s differential advantage rests on powerfully and seamlessly synthesizing West European engineering maturity with skilled competence and cost efficiencies of offshoring in India and East Europe.
A customer’s epithet as “the more ‘interesting’ and ‘visionary’ car design competence Company” gives complete credence to the global acquisition strategy that began with historic companies like Teco, Germany, Design Tech in Oradea, Aspinova and Idéteknik Sweden.