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- Indian company Tata Motors recently purchased the remaining 79 percent in Hispano Carrocera, a Spanish bus and coach manufacturer, using its call option. Tata already held a 21 percent stake in the Spanish company and now decided to take full control by purchasing the remaining shares from Investalia SA.
www.autoevolution.com/news/tata-buys-79-percent-of-hispano-carrocera-12302.html
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Tata Motors, a USD 42 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups, trucks and buses.
Oct 21, 2009 · Tata Motors has had a 21% stake in Hispano Carrocera S. A., a Spanish bus and coach cabin manufacturer that is one of the largest in Europe, since 2005. It has now acquired the remaining...
Oct 20, 2009 · Tata Motors, which owned a 21-per cent stake in the Spanish bus and coach maker Hispano Carrocera, today said it acquired the remaining 79 per cent in the company by exercising its call...
Oct 20, 2009 · Country's largest auto maker Tata Motors today said it has acquired full control of Spanish bus and coach manufacturer Hispano Carrocera by acquiring the remaining 79 per cent stake in the firm.
Tata Motors first acquired a 21% stake in Hispano Carrocera SA in 2005, [40] and purchased the remaining 79% for an undisclosed sum in 2009, making it a fully owned subsidiary, subsequently renamed Tata Hispano. In 2013, Tata Hispano ceased production at its Zaragoza plant.
Feb 25, 2005 · MUMBAI: In its second global acquisition, Tata Motors Ltd on Friday acquired 21 per cent stake in Hispano Carrocera SA, a Spanish bus manufacturing company, for Rs 70 crore (12 million Euro).
Tata Hispano Motors Carrocera, S.A. (formerly Hispano Carrocera, S.A.), based in Zaragoza, Aragon, Spain, was one of the largest manufacturers of bus and coach cabins in Europe. It was a wholly owned subsidiary of the India-based Tata Motors. Tata Motors acquired control of the company in 2005, after purchasing a 21% stake in the company.
