Tata Bags Jaguar & Land Rover

March 26, 2008

Today, Tata finished the acquisition of two major brands – Jaguar & Land Rover – for $2.3Bn from Ford. That amount doesn’t seem a lot for some reason.

On one side, Tata has the world’s cheapest car and now with this aquisition, they have a distribution network. It’ll be interesting to see how these brands will emerge under Tata’s leadership.

This is the second acquisition for Tata in 2008 that ran over $1Bn. More info on their acquisitions here.

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