On the Record · Tata Motors
Tata Motors acquisitions, on the record
The businesses Tata Motors bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Daewoo Commercial Vehicle Co. Ltd.Word for word“In March 2004, we acquired Daewoo Commercial Vehicle Co. Ltd.” 20-F for 2021 | agreed acquisition | March 2004 | — |
Jaguar Land Rover business from FordWord for word“In June 2008, we acquired the Jaguar Land Rover business from Ford.” 20-F for 2021 | acquisition | June 2008 | — |
Trilix Srl.Word for word“In October 2010, TML acquired an 80% equity interest in Trilix Srl. (“Trilix”), a design and engineering company, in line with our objective to enhance our styling and design capabilities to meet global standards.” 20-F for 2021 | acquisition | October 2010 | — |
TML Drivelines LimitedWord for word“The merger was completed on April 30, 2018.” 20-F for 2021 | merger | April 30, 2018 | — |
TAL Manufacturing Solutions LimitedWord for word“The divestment of TAL Manufacturing Solutions Limited was closed on March 29, 2019, and TML has received Rs.5,334 million, and has acquired the non-aerospace business of TAL Manufacturing Solutions Limited for Rs.1 million.” 20-F for 2021 | divestiture | March 29, 2019 | Rs.5,334 million |
RAB business of TAL Manufacturing Solutions LimitedWord for word“The RAB business of TAL Manufacturing Solutions Limited was transferred to TML with effect from April 30, 2019.” 20-F for 2021 | acquisition | April 30, 2019 | — |
the businessWord for word“After obtaining all necessary approvals, we sold the business on April 1, 2021.” 20-F for 2021 | divestiture | April 1, 2021 | — |
Rajasthan Leasing Private Ltd.Word for word“In Fiscal 2015, TMFL acquired 100% shareholding of Rajasthan Leasing Private Ltd., which subsequently changed its name to Tata Motors Finance Solutions Private Ltd., an NBFC registered with the RBI.” 20-F for 2021 | acquisition | Fiscal 2015 | — |
ShebaWord for word“On March 31, 2016, TMFL acquired 100% shareholding in Sheba, a wholly-owned subsidiary of TML and an NBFC-registered entity with the RBI, as a part of restructuring and consolidation of financial services companies under TMFL.” 20-F for 2021 | acquisition | March 31, 2016 | — |
Cambric CorporationWord for word“In Fiscal 2014, TTL acquired Cambric Corporation, an engineering services organization, to achieve greater domain expertise and presence in the industrial equipment sector.” 20-F for 2021 | acquisition | Fiscal 2014 | — |
Passenger Vehicles business, including the Electric Vehicle business, transferred to TML Business Analytics Services Limited (TMLBASL)Word for word“After obtaining all necessary approvals, we sold the business on April 1, 2021.” 20-F for 2022 | agreed divestiture | April 1, 2021 | — |
Ford India Private Limited Sanand vehicle manufacturing facilityWord for word“On May 30, 2022, our subsidiary, TPEML, Ford India Private Limited (“FIPL”) and the Government of Gujarat signed a memorandum of understanding for the potential acquisition of FIPL’s Sanand vehicle manufacturing facility, including (i) the land and buildings, (ii) the vehicle manufacturing plant, machinery and equipment, and (iii) the transfer of all eligible employees of FIPL’s Sanand vehicle manufacturing operations.” 20-F for 2022 | agreed acquisition | May 30, 2022 | — |
Rajasthan Leasing Private Ltd. (later Tata Motors Finance Solutions Private Ltd.)Word for word“In Fiscal 2015, TMFL acquired 100% shareholding of Rajasthan Leasing Private Ltd., which subsequently changed its name to Tata Motors Finance Solutions Private Ltd., an NBFC registered with the RBI.” 20-F for 2022 | acquisition | Fiscal 2015 | — |
Ford India's Sanand plantWord for word“On August 7, 2022, TPEML and FIPL, signed a Unit Transfer Agreement (UTA) for the acquisition of FIPL’s manufacturing plant situated at Sanand, Gujarat for a total consideration, exclusive of taxes, of Rs.7,257 million.” 20-F for 2023 | acquisition | — | Rs.7,257 million |
Read from Tata Motors’s annual reports (20-F for 2023, 20-F for 2022, 20-F for 2021) and the financial data it files with the SEC, as of 2023-06-12. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.