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New Deal


Announced

Tata Consumer Products to acquire Organic India from Fabindia.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

Food Products

Pending

food products

India

Private

Acquisition

Domestic

Friendly

Synopsis

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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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