# Lloyds Metals and Energy acquires 80% stake in Thriveni Earthmovers and Infra

India's Lloyds Metals and Energy Limited (LMEL) acquired an 80% equity stake in mining equipment manufacturer Thriveni Earthmovers and Infra Limited (TEIL) to enhance iron ore mining efficiency.

- Type: Acquisition
- Announced: 2025-07-03
- Where: India
- Status: completed
- Products: mining equipment
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Lloyds Metals and Energy](https://endata.com/companies/14384.md) (acquirer)
- [Thriveni Earthmovers and Infra Pvt Ltd](https://endata.com/companies/83305.md) (target)

## Sources

- [steelorbis.com](https://www.steelorbis.com/steel-news/latest-news/indias-lmel-acquires-majority-stake-in-mining-equipment-manufacturer-to-improve-iron-ore-mining-efficiencies-1398714.htm), 2025-07-03: "The acquisition of TEIL offers several strategic advantages for LMEL and is expected to significantly reduce LMEL's iron ore mining costs, thereby enhancing overall cost efficiency."

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