Carmaker: Porsche sells IT consultancy MHP to Tata Consultancy Services
For a long time, Porsche was looking for a partner - now the sports car manufacturer has found a buyer for its consulting subsidiary. However, Porsche and MHP will not be completely parting ways.
Porsche is selling its management and IT consulting business, MHP, to Tata Consultancy Services (TCS). The deal, which is subject to regulatory and antitrust approvals, is expected to be completed in the coming months. The sale price was not disclosed, although MHP was reportedly valued at around 1 billion euros. Porsche acquired MHP in 2024 and had been looking to sell it since June 2025.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
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