Announced
Financials
Tags
Majority
Single Bidder
Food Products
Pending
food products
India
Private
Acquisition
Domestic
Friendly
Synopsis
Tata Consumer Products, an Indian fast-moving consumer goods company, agreed to acquire Organic India, a food products company, from Fabindia, an Indian retail company. Financial terms were not disclosed. “We are excited about bringing Organic India into Tata Consumer Products. This transaction aligns well with Tata Consumer’s overall strategic objectives and presents exciting market opportunities in the rapidly growing Health & Wellness segment. In addition, Organic India has built very strong relationships with farmers to create a robust organic supply chain with a trusted brand and a loyal consumer base,” Sunil D’Souza, Tata Consumer Products Managing Director & CEO.
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