Indian company, Tata Consumer has announced the acquisition of PepsiCo’s stake in NourishCo Beverages for an undisclosed sum. Created in 2010 by the two companies, NourishCo Beverages is a 50:50 joint venture, focused on the healthy hydration market in India. According to sources, this deal allows Tata Consumer to widen its portfolio in the food and beverages space as well as strengthen its position on that Indian market. Sunil D’Souza, …
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A new instant coffee plant built for Indian drinks conglomerate Tata has opened its doors in the Binh Duong province of Vietnam, the firm’s construction partner GEA has revealed. The plant, Tata’s first instant coffee factory outside of India, will reportedly produce 5,000 tonnes of instant coffee per annum. In a previous statement, Tata said: “We believe that Vietnam will not only open up new markets for us, but it …
Tata subsidiary Tata Global Beverages, the world’s second largest tea producer, has announced it has reached a deal to acquire the total branded packet tea business of rival Indian firm Dhunseri for a total consideration of 101 crore INR ($14.4 million). The proposed acquisition, which includes the brands Kala Ghora and Lal Ghora, is said to be subject to due diligence, the signing of definitive binding agreements and other approvals. …
Gama Innovation Award – Packaging MANCHESTER – 26th April 2016: This month, the Gama Innovation Award – Packaging goes to Tata Tea Fusion Tea, which promises to bring tea blending to the masses by means of an unusual multi-layered jar. “For the first time in India, tea lovers will get to prepare and enjoy their tea the way they want it”, boasts Tata Tea Fusion Tea, a new product concept from tea …
Tata Global Beverage Limited, in association with its subsidiary Tata Coffee, is looking to strengthen its hand in the branded instant coffee category in India with the launch of Tata Coffee Grand. Tata Coffee already has some presence in instant coffee in India – a market currently dominated by Nestle and Unilever – through brands such as Tata Cafe, Tata Kaapi and Mysore Gold. Speaking on the launch to FnB …
Tata Chemicals , a subsidiary of Tata Group, has added a new “nourishing” brand called Tata Sampann to its food portfolio, according to reports in the Times of India and AFAQs.com. Sampann, which means “enriched”, “prosperous”, or “complete” in Hindi, aims at providing extra nourishment within everyday foods. The new brand will initially include a range of unpolished high-protein dal (pulses) and low-oil absorb besan (gram flour) but in future …
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