Business Case Studies & Business Publications

TEGA Industries Ltd: Journey of an India...

Singla, Chitra, Si...

Case

TEGA Industries Ltd: Journey of an Indian MNC (Part A)

Singla, Chitra; Singh, Bulbul

IIMA-STR0451(A) | Published October 24, 2020 | 30 pages Case

Collection: Indian Institute of Management, Ahmedabad

Add To Cart Buy Now

Product Details

Product Overview
Learning Objectives

Madan Mohanka set up Tega Industries Ltd in 1976 to manufacture abrasion-resistant rubber mill lining products used in the mining and mineral processing industries. In 2006, as part of its inorganic expansion strategy, Tega bought a mill-liner company in South Africa. Buoyed by this growth, two acquisitions were made in Australia and Chile in the year 2011. However, post-acquisition, several managerial, legal and commercial problems crept up in its manufacturing facilities in Chile, leading to financial downturn in Tega's fortunes in 2016 and compelling it to either plan a revival or divest its interest in its Chilean Plant.

To enable a discussion on motives for internationalization, modes of entry and foreign market selection strategy. To understand the complexities involved in the internationalization of business for an emerging market MNC. To learn about international M&A processes such as due diligence, integration management and value creation.