Acquisitions13 Jan 2024, 03:02 am
Tata Consumer Products to Acquire Organic India Private Limited
AI Summary
Tata Consumer Products Limited (TCPL) has announced its plans to acquire up to 100% stake in Organic India Private Limited (Target Company) for an estimated turnover of Rs. 360 to 370 crores. The acquisition is in line with the company's strategic intent of entering into new adjacent high-growth markets.,
Key Highlights
- TCPL to acquire Organic India Private Limited for estimated turnover of Rs. 360 to 370 crores
- Acquisition in line with the company's strategic intent of entering into new adjacent high-growth markets
- Target Company primarily engaged in the business of manufacturing and sale of organic products