Steel Markets

Trading firms Mercuria and Tata International partner in joint venture

Written by Kristen DiLandro


Geneva-based global commodities trader Mercuria is set to acquire a majority stake in Tata International, according to a report in India’s Economic Times.

Mumbai, India-based Tata International operates as the global commodity trading and distribution firm of the Tata Group. It trades metals, energy, freight, and agricultural commodities.

Under the agreement, Mercuria will acquire a 51% equity stake in Tata International. Tata’s firms will keep the remaining 49% stake in the joint venture.

Corporate Updates reports that the partnership will enable Tata to strengthen its trading capabilities, with Mercuria helping to improve operational performance and expansion into high-potential markets.

“It also marks a strategic shift towards asset-light, partnership-driven growth models in response to increasing volatility in global supply chains and commodity markets,” Corporate Updates noted.

Neither Tata International nor Mercuria had issued official statements at the time of publication.

Kristen DiLandro

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