Tata Consumer buys Ching's owner for ₹5,100 cr, Organic India for ₹1,900 cr
short by
Hiral Goyal /
05:24 pm on
Friday, 12 January, 2024 Tata Consumer Products has announced that it has signed definitive agreements to acquire 100% stake in Capital Foods, the owner of 'Ching's Secret' brand. Tata will acquire the shares in a phased manner for ₹5,100 crore. Separately, the company has also bought Organic India, a Fabindia-owned business that sells tea and herbal supplements, for ₹1,900 crore in an all-cash deal.