Mar 29, 2008

TATA's buying spree

TATA Motors has purchased Jaguar and Land Rover from Ford Motors.

If Tata is so powerful, why have so few Americans heard of it? In large part, because so much of its fortune has been made selling to its home market and to other developing countries, rather than to the U.S. and Europe. Tata—with some exceptions, such as its steel and consulting (TCS) businesses—has taken a very different approach, becoming tremendously rich while selling to people who are still pretty poor.

Here's what the TATAs have been doing in terms of acqusitions so far.

Group CompanyAcquired CompnayCountryValue $milYear
Tata TeaTetleyUK4072000
VSNLGemplexUS--2002
TATA MotorsDaewoo Commercial VehiclesSouth Korea1022004
VSNLTyco Global NetworkUS1302004
TATA SteelNatsteelSingapore2852005
TATA MotorsHispano CarroceraSpain15.52005
TATA ChemiclesIndo Maroc Phosphore S.A.Morocco382005
TATA IndustriesIndigene Pharma IncUS--2005
VSNLTeleglobeCanada2392005
Indian HotelsThe PierreUS452005
TATA TechnologiesINCAT International PLCUK91.32005
TACOWundsch WeidingerGermany--2005
TATA TeaGood Earth CorporationUS322005
TCSFinancial Network ServicesAustralia262005
TCSPearl GroupUK232005
TCSComicromChile262005
Indian HotelsStarwood GroupAustralia1772005
TATA ChemicalsBrunner Mond Group LtdUK--2006
TATA InteractiveTertia Edusoft GmbhGermany--2006
TATA TechnologiesCEDIS Mechanical Engineering GmbhGermany--2006
TATA SteelMillenium SteelThailand4042006
TATA TeaJEMCACzech Republic--2006
TATA CoffeeEight O' clockUS2202006
TATA TeaJoekels Tea PackersSouth Africa--2006
TCSTKS TechnosoftSwitzerland802006
Indian HotelsRitz Carlton (Boston)US1702006
TATA SteelCorus SteelUK121002007
TATA PowerPT Bumi Resources TbkIndonesia11002007
Indian HotelsHotel Campton place SFUS602007
TATA TeaVtax and FlosanaPoland9.42007
VSNLTranstel TelecomsSouth Africa332007
TATA TeaTea and Chocolate CoSouth Africa--2007
TATA SteelRiversdale Mozambique CoalMozambique842007
Indian HotelsOrient Express HotelsUS212.52007
TATA ChemicalsGeneral Chemical Industrial ProductsUS10052008
TATA MotorsJaguar, Land RoverUK23002008

at 11:05