Tata Motors to Acquire Iveco for Approximately €3.8 Billion, Forming a Global Commercial Vehicle Group with Annual Sales of Over 540,000 Units

Opinion Net News: July 31st message, Indian Tata Motors and Italian commercial vehicle manufacturer Iveco announced the final agreement, Tata Motors to acquire Iveco's entire stake for approximately €3.8 billion, forming a global commercial vehicle group with annual sales of over 540,000 units.

The transaction price of approximately €3.8 billion does not include Iveco's defense business and the net proceeds from the disposal of its defense business, which is expected to be completed in Q1 2026, with final delivery no later than March 31st, 2026; the overall acquisition transaction is expected to be completed by mid-2026.

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