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Tata Consumer Set to Acquire Capital Foods, Organic India

Tata Consumer Products Ltd (TCPL) is set to announce the acquisition of controlling stakes in Capital Foods Pvt, which owns Ching s Secret, and Organic India, the Fabindia-backed organic teas and health products maker.

Uttar pradeshSmith jonesAjay guptaTata consumer products ltdInvus groupCapital foods pvtOrganic indiaCapital foodsGeneral atlantic

Tata Consumer leads race for maker of Ching s Secret, values co at Rs 5,500 cr

Will buy around 70% in first tranche; existing shareholders finalising rollover plans. Nestle, Kraft Heinz were the other contenders in fray. The potential buyout will pit Tata co against Nestles Maggi, which leads the Rs 5,000 crore branded instant noodles market.

India generalNestle maggiVivek maheshwariKotak mahindraSmith jonesRajat wahiAjay guptaLatika chopraGoldman sachsCapital foods pvt ltdKraft heinz coNourishco beverages ltdTata groupJp morganInvus groupTata consumer products ltd

Tata Consumer leads race for maker of Ching s Secret, values co at Rs 5,500 cr, ET Retail

Tata Consumer: Will buy around 70% in first tranche; existing shareholders finalising rollover plans. Nestle, Kraft Heinz were the other contenders in fray. The potential buyout will pit Tata co against Nestle’s Maggi, which leads the Rs 5,000 crore branded instant noodles market.

New delhiIndia generalChing secretmumbaiVivek maheshwariRajat wahiNestle maggiKotak mahindraLatika chopraAjay guptaSmith jonesJp morganKraft heinz coInvus groupGoldman sachsRegistrar of companies roNourishco beverages ltd