EU review of Tata’s IAC Group Sweden acquisition

Sarah J · 2025-10-12T10:52:04.000Z

India’s Tata AutoComp Systems has asked the European Commission for foreign‑subsidy clearance to acquire IAC Group Sweden, with a decision due by Nov. 13, 2025. The deal already received EU merger-control approval in September, but now faces scrutiny under the newer Foreign Subsidies Regulation, which assesses whether non‑EU state support distorts competition inside the bloc. Tata says the purchase will expand its European footprint and strengthen its presence in auto parts. An approval would clear both competition and subsidy hurdles; any concerns could trigger remedies or deeper investigation, underscoring how cross‑border M&A into the EU increasingly requires dual-track clearance.

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EU review of Tata’s IAC Group Sweden acquisition | SEINET