# Tata Steel and thyssenkrupp sign agreements to merge European steel businesses

Tata Steel and thyssenkrupp AG have signed definitive agreements to combine their European steel businesses in a 50/50 joint venture named thyssenkrupp Tata Steel B.V., creating a leading pan-European flat steel producer.

- Type: Acquisition
- Announced: 2018-07-02
- Where: Germany
- 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

- [cantechonline.com](https://www.cantechonline.com/news/22395/tata-steel-and-thyssenkrupp-announce-european-steel-merger/), 2018-07-02: "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.
