September 26, 2016 5:04 PM ET

Metals and Mining

Company Overview of Tata Steel Europe Limited

Company Overview

Tata Steel Europe Limited manufactures and distributes steel products. The company provides flat hot-rolled, direct-rolled, cold-rolled, metallic coated, pre-finished, packaging, electrical, narrow strip, and electro plated steel products; and long steel tubes, sections, special profiles, rails, wire rods, and plates, as well as specialty steels and bars. It offers steel products for floors, walls, and roofs; steel building components; and structural and modular steel products. It serves automotive, construction, aerospace, defense and security, shipbuilding, packaging, consumer products, energy and power, lifting and excavating, rail, and other general industries. It offers its products thr...

30 Millbank

London,  SW1P 4WY

United Kingdom

Founded in 2006

Phone:

44 20 7717 4444

Fax:

44 20 7717 4455

Key Executives for Tata Steel Europe Limited

Chief Executive Officer and Director
Age: 60
Executive Director of Finance and Director
Age: 60
Director and Chief Executive Officer of Tata Steel UK
Age: 49
Chief Commercial Officer
Age: 52
Compensation as of Fiscal Year 2016.

Tata Steel Europe Limited Key Developments

Tata Steel Europe Limited Launches Vauxhall Astra in UK

Tata Steel Europe Limited has announced the launch of the new Vauxhall Astra with the support of its Safe Use' service in the UK. Safe Use is part of a suite of advanced engineering services which ensures Tata Steel's products are safely and robustly deployed at the lowest Total Cost of Ownership (TCO).

Tata Steel Confirms 7 Interested Buyers For UK Assets

Tata Steel Europe Limited received seven expressions of interest to acquire the Tata Steel Europe’s UK ailing business. All seven have been immediately taken forward to the next stage of the sale process, which involves inputs from the UK government, Tata Steel Europe Limited said. Koushik Chatterjee, Group Executive Director (Finance and Corporate), Tata Steel Limited, said, "We are pleased with the response to the initial stage of the global sales process for Tata Steel's UK business. The expressions of interest received have been through a robust initial assessment process with inputs received from the UK government whose views have been considered by the board. We believe that the bids being taken forward offer future prospects of sustainability for the UK business as a whole. The sales process will continue in an expedited and robust manner to deliver greater clarity for all key stakeholders such as employees, customers and suppliers, he said. Liberty House Ltd. and Excalibur Steel UK Ltd. are among the frontrunners to acquire the Indian steel giant's UK assets.

Management Buyout Possible For UK Sale Of Tata Steel

Stuart Wilkie, hub director for Tata Steel Europe Limited's Strip Products UK business, is helping to put together a group of business people interested in buying plants including Port Talbot in South Wales. Wilkie is now chief executive of bid company Excalibur Steel UK which is looking to acquire Tata's entire UK business. "Tata Steel Limited has allowed Stuart Wilkie, currently hub director for Tata Steel Europe's Strip Products UK business, temporary paid leave of absence to give him sufficient opportunity to develop the management buyout bid for Tata Steel UK that he intends to lead. Mr Wilkie will be replaced on a temporary basis by Jon Ferriman. Mr Ferriman, currently leading the project management office for Tata Steel Europe, is a highly experienced operational manager with detailed knowledge of the Strip Products UK business having previously held the role of hub director. As communicated on April 20, Tata Steel Europe welcomes credible expressions of interest for Tata Steel's UK operations. All expressions of interest, including any management buyout proposals, will be considered when received. In the interests of all stakeholders, every credible expression of interest will enter the same rigorous assessment process to ensure the best value and prospects of sustainability for Tata Steel UK.", a statement said.

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Recent Private Companies Transactions

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