# Porsche divestment of MHP consultancy > Live situation record from CLSTR: https://clstr.news/situations/porsche-divestment-of-mhp-consultancy > Updated: 2026-08-28T14:36:47.000Z. Sources: 58. Developments: 4. Porsche has moved toward restructuring its business portfolio by divesting its consulting subsidiary, MHP Management- und IT-Beratung GmbH. Initial reports indicated that Porsche was considering the sale of MHP to private equity investors or strategic bidders as part of a broader Volkswagen Group review to prioritize capital efficiency. Following these reports, Porsche AG reached an agreement to sell MHP to the India-based Tata Consultancy Services (TCS). In a finalized agreement, TCS will acquire 100% of MHP through its Netherlands-based subsidiary for an enterprise value of approximately €320 million ($430 million). The deal, which is expected to close within three to four months pending regulatory and antitrust approvals in the European Union, Germany, and Romania, involves MHP—a firm employing roughly 4,500 people globally with a significant presence in Romania—operating as an independent brand under the TCS umbrella. The sale is a component of Porsche’s ‘Sportwagenschmiede 35’ strategy, designed to refocus resources on its core automotive business and reduce fixed costs. As part of the transaction, Porsche and TCS have established a five-year strategic partnership valued at €1.25 billion. This collaboration includes the creation of an ‘AI Mobility Centre of Excellence’ to accelerate the integration of artificial intelligence across Porsche’s value chain, including manufacturing, engineering, operations, and customer experience. Dr. Michael Leiters, Chairman of the Executive Board of Porsche AG, stated that the move combines Porsche’s automotive expertise with TCS’s digital and AI capabilities to increase efficiency and competitiveness. While MHP transitions to TCS, it will continue to serve as a key digital partner for Porsche to support its ongoing digital transformation. Legal counsel for Porsche AG during the sale process was provided by Linklaters. ## Claims - TCS will acquire 100% of MHP Management und IT Beratung GmbH (corroborated by 20 sources) - Porsche and TCS signed a five-year strategic partnership worth €1.25 billion (corroborated by 11 sources) - The enterprise value of MHP is approximately €320 million (corroborated by 9 sources) - The sale is subject to regulatory and antitrust approvals (corroborated by 8 sources) - MHP employs more than 4,500 people globally (corroborated by 7 sources) - TCS will establish an AI Mobility Centre of Excellence for Porsche (corroborated by 5 sources) - The transaction is expected to close within three to four months (corroborated by 5 sources) - MHP will continue to operate as an independent brand within the TCS group (corroborated by 5 sources) - MHP is currently a subsidiary of Porsche AG. (single source) ## Timeline ### 2026-08-28: TCS to acquire Porsche’s MHP consultancy in AI-focused deal TCS will acquire Porsche’s IT consultancy MHP and enter a five-year strategic partnership to advance AI and digital transformation across Porsche’s manufacturing and engineering operations. 3 sources. https://clstr.news/cluster/tcs-to-acquire-porsches-mhp-consultancy-in-ai-focused-deal ### 2026-08-26: Porsche sells MHP to Tata Consultancy Services in $1.5 billion AI deal Porsche is selling its IT consulting unit MHP to Tata Consultancy Services for 320 million euros, while securing a 1.25 billion euro five-year AI and digital services partnership. 9 sources. https://clstr.news/cluster/tata-consultancy-services-to-acquire-mhp-and-partner-with-porsche-on-ai ### 2026-08-24: Porsche sells IT subsidiary MHP to Tata Consultancy Services Porsche is selling its IT consultancy MHP to Tata Consultancy Services (TCS) for €320 million while signing a €1.25 billion five-year strategic partnership focused on artificial intelligence and digital driving 42 sources. https://clstr.news/cluster/porsche-to-sell-it-consultancy-mhp-to-tata-consultancy-services ### 2026-08-20: Porsche reportedly pursuing RUF Automobile acquisition Porsche is reportedly in advanced talks to acquire RUF Automobile to bolster its high-end sports car division and may also sell its consulting subsidiary, MHP, by late August. 4 sources. https://clstr.news/cluster/porsche-reportedly-pursuing-ruf-automobile-acquisition --- Cite as: Porsche divestment of MHP consultancy. CLSTR, https://clstr.news/situations/porsche-divestment-of-mhp-consultancy