# Tata Motors completes acquisition of Iveco Group for €3.43 billion

Tata Motors completed the initial settlement of its tender offer for Iveco Group on 30 October 2026, acquiring 89.42% of Iveco shares for €14.40 per share, valuing the transaction at approximately €3.43 billion. The combined group becomes the world's fourth-largest commercial vehicle maker with €21 billion revenue and 590,000 annual vehicle sales.

- Type: Acquisition
- Announced: 2026-10-30
- Where: Netherlands
- Value: $3.70B (3.43B EUR)
- Status: completed
- Products: commercial vehicles, trucks, buses, powertrains
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Tata Motors Limited](https://endata.com/companies/15362.md) (acquirer)
- [Iveco Group N.V.](https://endata.com/companies/15363.md) (target)

## Sources

- [trans.info](https://trans.info/en/tata-motors-iveco-merger-completed-world-number-four-truck-maker-512494), 2026-11-04: "Tata Motors and Iveco Group are now officially one company."

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