Tata Consumer in acquisition discussion with at least five consumer brands
Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an...
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Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an...
Conglomerate will likely face stiff competition in the sector from existing global giants
It wants to bolster its position in the country's competitive consumer goods sector. . Read more at straitstimes.com.
Tata Consumer Products Ltd., the food and beverage arm of the $103 billion Indian conglomerate, wants to go on an acquisition spree to bolster its position in the country's competitive consumer goods sector.
Tata Consumer Products Ltd., the $103 billion Indian conglomerate's food and beverage unit, wants to embark on an acquisition binge to strengthen its position in the country's competitive consumer products market and is in talks to buy up to five brands. The inorganic expansion would account for a 'substantial portion' of Tata Consumer Products' future growth, according to Chief Executive Officer Sunil D'Souza in an interview. He declined to identify potential purchases but said the company, which sells Tetley tea and Eight O'Clock coffee, is 'talking ac...