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Tata Consumer Products acquires 75% equity share capital in Capital Foods

02 Feb 2024 Evaluate

Tata Consumer Products has acquired 75% of the issued equity share capital of Capital Foods. The balance 25% will be acquired within 3 years, as per terms of the Share Purchase Agreement (SPA) and Shareholders’ Agreement (SHA). This move is consistent with Tata Consumer’s strategic intent to expand its product portfolio and its target addressable market in fast growing/high margin categories.

Capital Foods has strong umbrella platform brands with a portfolio of unique products for in-home consumption in fast growing categories. This acquisition will enable Tata Consumer Products to expand its product portfolio and further strengthen its pantry platform. There are significant synergy benefits with the existing businesses of Tata Consumer Products in areas spanning distribution, logistics, exports and overheads. The overall size of the categories in which Capital Foods operates in is estimated at Rs 21,400 crore. Structural growth drivers for the category include continued growth in income levels, evolving consumer preferences leading to increased salience of global cuisines in in-home cooking and increasing need for convenience.

Tata Consumer Products is a focused consumer products company uniting the principal food and beverage interests of the Tata Group under one umbrella. The company’s portfolio of products includes tea, coffee, water, RTD, salt, pulses, spices, ready-to-cook and ready-to-eat offerings, breakfast cereals, snacks and mini meals.

Tata Consumer Produc Share Price

1113.35 12.95 (1.18%)
16-Jun-2026 09:33 View Price Chart
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