Tata Jaguar Merger
2 June 2008. It acquired the two iconic British brands Jaguar and Land Rover from the American automaker Ford Motor Corporation.
Tata Motors Limited Acquired Jaguar Land Rover Automotive Plc For The Price Of 2 3 Billion It Is One Of The Most Ambit Tata Motors Business Jaguar Land Rover
In 2008 Tata Motors an Indian automaker wanted to expand its product portfolio and diversify its market base.
Tata jaguar merger. On 27 March 2008 Tata Motors. Merger and Acquisition Tata Motors Jaguar. Ford has contributed about US 600 million to the Jaguar Land Rover.
Tata Motors today acquired the Jaguar Land Rover businesses from Ford Motor Company for a net consideration of US 23 billion as announced on March 26 in an all-cash transaction. After the acquisition of the British Jaguar Land Rover JLR business which also includes the Daimler Lanchester and Rover brands Tata Motors became a major player in the international automobile market.
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