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How Ratan Tata took the group global: major acquisitions

How Ratan Tata took the group global: major acquisitions
  1. 2000: Tata Tea acquires UK’s Tetley Group for $450 million.
  2. 2001: TCS acquires the Indian government’s 51 per cent stake in CMC Ltd for Rs 152 crore.
  3. 2002: Tata Sons acquires a 25 per cent stake in VSNL from the government for Rs 1,439 crore. Tata goes on to increase its stake in the company and renames the company Tata Communications Ltd.
  4. 2004: Tata Motors acquires the heavy vehicles unit of Daewoo Motors in South Korea for $102 million.
  5. 2005: Tata Steel buys out Singapore’s largest steel company NatSteel—with operations in Singapore, Thailand, China, Malaysia, Vietnam, the Philippines and Australia—for around $365 million.
  6. 2005: Tata Communications acquires US-based Tyco Global Network, making it one of the world’s largest providers of submarine cable bandwidth, for $130 million.
  7. 2005: Indian Hotels takes over the management of The Pierre Hotel in New York under a 30-year contract worth $5 million.
  8. 2005: Indian Hotels acquires a Starwood-managed hotel in Sydney from the Hong King-based Harilela Group for $36 million.
  9. 2005: Trent acquires a 76 per cent stake in the Landmark chain of bookstores for Rs 103.6 crore.
  10. 2006: Taj buys the Ritz-Carlton hotel in Boston for $170 million.
  11. 2006: Tata Chemicals acquires UK-based Brunners Mond Group for around Rs 508 crore.
  12. 2007: Tata Steel acquires Anglo-Dutch steelmaker Corus for $11.3 billion.
  13. 2007: Taj group acquires Campton Hotel in San Francisco for $58 million.
  14. 2008: Tata Motors acquires Jaguar and Land Rover from Ford for $2.3 billion.
  15. 2008: Tata Chemicals acquires US-based General Chemical Industrial Products for $1 billion.
  16. 2009: TRF Ltd acquires a 51 per cent stake in Dutch Lanka Trailer Manufacturers Ltd for $8.67 million. The company exercised its call option in 2012 to acquire the remaining stake in the company for an additional $8.33 million.
  17. 2010: TRF acquires UK-based Hewitt Robins International for 3 million pounds.
  18. 2011: Tata Chemicals buys UK-based British Salt for Rs 650 crore.