Tata Consumer Share Price: A Promising Investment Opportunity
π Tata Consumer Products Limited is set to announce the acquisition of two more companies, Capital Foods Private Limited and Organic India. This move is expected to strengthen their portfolio and expand their presence in new markets.
π Capital Foods, known for its Chings Secret and Smith & Jones brands, specializes in the production of spices, food products, and ingredients. On the other hand, Organic India, with the support of Fabindia, focuses on the production of tea and health products.
π The announcement of these acquisitions is anticipated to take place in the coming week, marking a significant milestone for Tata Consumer Products Limited.
πͺ These acquisitions will not only enable Tata Consumer Products Limited to enter new markets but also reinforce their portfolio with organic products. This strategic move aligns with Tata’s vision of providing quality products to consumers.
πΌ Tata Consumer Products Limited’s share price witnessed a surge of more than 3% on Friday, reaching a new high of INR 1,161. This marks the highest level the company’s shares have reached in the past year.
π° With a transaction worth INR 5,100 crores, Tata Consumer Products Limited will acquire a 75% stake in Capital Foods. The company will purchase stakes from investment groups InVest Group and General Atlantic. Currently, InVest Group holds a 40% stake in Capital Foods, while General Atlantic holds a 35% stake.
π€ Additionally, Tata Consumer Products Limited will purchase a controlling stake in Organic India for INR 1,800 crores. This acquisition will be made from Fabindia, with support from Premji Invest and LightHouse Capital.
π± The acquisition of Organic India will further strengthen Tata’s presence in the organic products market, offering consumers a wider range of healthy options.
πΌ Tata Consumer Products Limited’s founder and chairman, Ajay Gupta, will retain a 25% stake in the company. Tata Group is expected to acquire this stake in the future.
π This significant move by Tata Consumer Products Limited showcases their commitment to growth and innovation in the consumer products industry. Investors can consider this as a promising opportunity to invest in a company that is expanding its horizons and diversifying its product offerings.
π Stay tuned for more updates on Tata Consumer Products Limited and the exciting developments in the consumer products market.
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