# Tata Steel and thyssenkrupp sign definitive agreements for 50/50 steel joint venture

Tata Steel and thyssenkrupp AG signed definitive agreements to combine their European steel businesses into a 50/50 joint venture named thyssenkrupp Tata Steel BV, creating a leading pan-European flat steel producer. The transaction is subject to regulatory approvals.

- Type: Acquisition
- Announced: 2018-06-30
- Where: Netherlands
- Status: announced
- Products: flat 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

- [tata.com](https://www.tata.com/newsroom/Tata-steel-thyssenkrupp-sign-jv-agreement), 2018-06-30: "The joint venture will create a strong pan-European steel company that is structurally robust and competitive."

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