# Lloyds Metals acquires 80% of Thriveni Earthmovers

Lloyds Metals completed the acquisition of an 80% stake in Thriveni Earthmovers Pvt Ltd on July 1, 2025, making Thriveni's MDO business a subsidiary of Lloyds. The acquisition strengthens Lloyds' position in the Indian mining industry.

- Type: Acquisition
- Announced: 2025-07-01
- Where: India
- Status: completed
- Products: mining services, iron ore mining
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Lloyds Metals](https://endata.com/companies/14621.md) (acquirer)
- [Thriveni Earthmovers](https://endata.com/companies/47105.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2025/07/10/lloyds-acquires-thriveni-advances-green-mining-at-surjagarh-project/), 2025-07-10: "Lloyds Metals, on July 1 completed the acquisition of 80% of Thriveni Earthmovers Pvt Ltd."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.