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Tata Consumer to Acquire Bisleri for ₹6000 Crores
Tata Consumer Products is all set to acquire one of India’s largest packaged drinking water companies, Bisleri, from Ramesh Chauhan, the present owner of the brand. The estimated cost of this deal is around 6,000–7,000 crore.Ramesh Chauhan has been in the business of selling soft drink brands such as Thumbs Up, Gold Spot, and Limca. He, at the age of 82, has finally decided to sell Bisleri International to Tata Consumer Products Ltd. (TCPL), due to his delicate health and also the lack of a worthy successor to take the company to the next level of expansion.Acquiring Bisleri will put
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Tata Consumer Products is all set to acquire one of India’s largest packaged drinking water companies, Bisleri, from Ramesh Chauhan, the present owner of the brand. The estimated cost of this deal is around 6,000–7,000 crore.Ramesh Chauhan has been in the business of selling soft drink brands such as Thumbs Up, Gold Spot, and Limca. He, at the age of 82, has finally decided to sell Bisleri International to Tata Consumer Products Ltd. (TCPL), due to his delicate health and also the lack of a worthy successor to take the company to the next level of expansion.Acquiring Bisleri will put […]
