# Thyssenkrupp and Tata Steel agree merger of European operations

Thyssenkrupp has agreed a merger of its European operations with Tata Steel to form a 50-50 joint venture named Thyssenkrupp Tata Steel, with about 48,000 workers and €15 billion in sales.

- Type: Acquisition
- Announced: 2018-06-30
- Where: Germany
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md) (partner)
- [Tata Steel](https://endata.com/companies/3546.md) (partner)

## Sources

- [theguardian.com](https://www.theguardian.com/business/2018/jun/30/go-ahead-given-for-merger-of-tata-steel-and-thyssenkrupp), 2018-06-30: "The German steel company Thyssenkrupp has agreed a merger of its European operations with Indian-owned Tata Steel."

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