TCS wins strategic IT transformation deal with Finland's Kalmar
TCS · price
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TCS has been selected by Kalmar Oyj, a Finland-based heavy material handling company listed on Nasdaq Helsinki, as its strategic IT partner. TCS will consolidate Kalmar's global IT landscape into a single AI-powered delivery model covering app maintenance, end-user services, and hybrid cloud operations. The deal covers Kalmar's 5,200 employees across 120+ countries. Kalmar reported 2024 sales of about EUR 1.7 billion. No financial terms disclosed.
Positive sentiment - expands TCS AI-led IT services deal in Nordics. No revenue size disclosed, so direct earnings impact unclear.