Tata Chemicals eyes acquisitions in consumer food business

23 Dec 2014

Tata Chemicals, a major player in commodity businesses like soda ash and fertilisers, is eyeing acquisitions in consumer food business including agri-seeds, and a foray into staple food business as part of its new thrust areas of food and wellness identified by group chairman Cyrus Mistry.

Though, the company has clarified that there is nothing on the table as yet and acquisitions, if they happen, would be of smaller-ticket size of around Rs 500 crore.

After the branded salt play, Tata Chemicals has recently ventured into pulses under iSakthi brand, while it is currently test-marketing masalas like chilli, turmeric and coriander.

Tata Chemicals is the world’s second largest producer of soda ash with manufacturing facilities in Asia, Europe, Africa and North America. The company’s industry essentials product range provides key ingredients to some of the world’s largest manufacturers of glass, detergents and other industrial products.

 

Related Tata Chemicals Ltd. Links:

Tata Chemicals Share Price

738.85 6.05 (0.83%) Feb 26, 18:55
1 Year Price Chart
Peers
Company Name CMP
Tata Chemicals 738.85
Pidilite Inds. 1684.75
Aarti Inds 1234.85
Atul 6552.35
India Glycols 499.40
View more..
Sensex vs Tata Chemicals
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback