TATA SONS to acquire ASSETS OF INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP SWEDEN

Tata Sons has agreed to acquire the assets of International Automotive Components Group Sweden in a direct asset sale. The transaction involves the transfer of specific business units within the automotive components sector, classified under NaceV2Sector_C_29.3, located in Sweden. The deal was announced on 20 August 2025, and no financial consideration or deal value has been disclosed to the public at this time.

The transaction remains subject to ongoing regulatory review and has not yet reached completion. While the specific terms of the agreement are not reported, the acquisition represents a strategic entry into the Swedish automotive supply chain for the Indian conglomerate. The buyer intends to integrate the acquired assets into its existing operations following the conclusion of the current approval process. The transaction is subject to regulatory approval.