Fundz
Funding, M&A and exec moves matched to your market — guaranteed to pay for itself in a year, or we refund it. See terms for full details.See plans →

Tata Steel acquires 23% stake in TM International Logistics

PRIVATEAug 18, 2026about 3 hours ago

Acquiring Company

Tata Steel Limited

Acquired Company

TM International Logistics Limited

MumbaiMumbaiManufacturingMiningPrecious MetalsTransportationLogisticsFleet Management

Description

The Competition Commission of India has approved Tata Steel Limited's acquisition of a 23% equity stake in TM International Logistics Limited from IQ Martrade. Following this acquisition, Tata Steel's shareholding in TMILL will increase to 74%. IQ Martrade will exit the joint venture, while NYK (Europe) B.V. retains a 26% stake.

Company Information

Company

Tata Steel Limited

Location

Mumbai, Maharashtra, India

About

Tata Steel Limited is one of the top steel manufacturing companies in the world. It operates over 26 million tonnes of steel-making capacity across five continents. Tata Steel is a flagship company of the Tata Group, contributing significantly to the group’s revenues.

Don't miss Tata Steel Limited's next move

Get an email the moment Tata Steel Limited makes an acquisition, hires an exec, or expands — usually minutes after it happens.

One email per event. Unsubscribe anytime.

Predictive Intelligence
Strategic

ML-powered predictions for Tata Steel Limited's next move

Learn about Strategic plan

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired TM International Logistics Limited?

TM International Logistics Limited was acquired by Tata Steel Limited, based in Mumbai. The deal was reported on August 18, 2026. Tata Steel Limited is one of the top steel manufacturing companies in the world. It operates over 26 million tonnes of steel-making capacity across five continents. Tata Steel Limited is privately held and operates in Manufacturing.

When did Tata Steel Limited acquire TM International Logistics Limited?

Tata Steel Limited's acquisition of TM International Logistics Limited was reported on August 18, 2026. The Competition Commission of India has approved Tata Steel Limited's acquisition of a 23% equity stake in TM International Logistics Limited from IQ Martrade. Following this acquisition, Tata Steel's shareholding in TMILL will increase to 74%. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does TM International Logistics Limited do?

TM International Logistics Limited is a joint venture established to meet Tata Steel's logistics and cargo transportation requirements. Its operations include railway cargo transportation, port operations, and cargo handling. It is privately held, operating in Transportation, and is based in Mumbai.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.