DLA Piper along with AZB & Partners advised Tata International on joint venture with Mercuria Energy Group.

Tata International, the global trading and distribution arm of the Tata Group, has entered into a joint venture with Mercuria Energy Group, a leading international integrated energy and commodities group, to expand its global trading business across multiple commodities including energy, metals, agricultural products, and environmental products. The establishment of the joint venture is subject to customary regulatory approvals.

The partnership will enable the trade of a diversified basket of commodities in international markets, drawing on the complementary product and geographical strengths of both Tata International and Mercuria. The joint venture is also expected to support the development of Mercuria’s trading activities in India and internationally, significantly expanding the platform’s presence and scale.

DLA Piper acted as global legal advisor to Tata International.

The team was led by Partner Will Seivewright, Head of Corporate, Middle East, supported by Legal Director Nassar Nassar and Associate Jawad Elazar. Antitrust advice was led by Partner Daniel Colgan, International Head of Competition/Antitrust, supported by Lawyer Andreas Politis.

AZB & Partners advised Tata International on Indian law aspects of the joint venture, including corporate, structuring, and antitrust matters.

The deal team comprised Senior Partner Darshika Kothari, Partner Vasudha Asher, Associates Anusha Chand, and Pratham Pratap Mohanty, with support from Associates Vedant Singh and Anshul Kumar Sarma. The antitrust aspects were led by Senior Partner Bharat V Budholia, supported by Senior Associate Vayshnavi Ganesh and Associates Shivangi Pradhan and Arth Doshi. Structuring aspects were led by Senior Partner Rajendra Barot, Partner Prabhav Shroff, Senior Associate Aditi Bhansali and Associate Vasudha Jain.