December 23, 2024 05:11 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait | Jaipur gas tanker crash: Toll touches 14, 30 critical | Arrest warrant against former cricketer Robin Uthappa over 'PF fraud' | PM Modi emplanes for a visit to Kuwait | German Christmas market car attack leaves 2 dead, Saudi Arabian doctor arrested | India, France come together to build world's largest museum in Delhi's Raisina Hill | Canada, US presented no evidence of Indians' involvement in purported criminal acts: Centre informs Parliament amid 'serious allegations' | Delhi Police Crime Branch to investigate FIR against Rahul Gandhi over Parliament tussle

Tata Global Beverages' UK subsidiary acquires equity stake in Bronski Eleven Pty Ltd

| | May 20, 2014, at 01:27 am
#Tata Global Beverages’ UK subsidiary acquires equity stake in Bronski Eleven Pty Ltd
New Delhi, May 19 (IBNS) Tata Global Beverages' UK subsidiary has acquired a 100 percent stake in the equity capital of Bronski Eleven Pty Ltd, Australia, engaged in coffee business under the MAP brand.
MAP has significant presence in the R&G (Roast & Ground) coffee and in Pods (single service portions) category in Australia.
 
This investment is in line with Tata Global Beverages’ vision to become a leader in natural beverages- tea, coffee and water.
 
Tata Global Beverages is already present in the pods segment in the USA through an agreement with Green Mountain Coffee Roasters’ Keurig single serve machines for Eight O Clock Coffee. 
 
It is also present in the single serve segment in Canada with Tassimo, for Tetley tea.
 
“The acquisition in Australia will help Tata Global Beverages further expand its offering in Australia to include coffee. It also helps us strengthen our portfolio in the high growth contemporary ‘single serve business”, stated Ajoy Misra, MD and CEO, Tata Global Beverages.
 
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.
Related Images
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador
Veedol signs former Indian skipper Sourav Ganguly as brand ambassador Jun 29, 2024, at 06:38 am
In Images: Glimpses from Bengali film Fatafati's premiere
In Images: Glimpses from Bengali film Fatafati's premiere May 13, 2023, at 08:39 pm
Gautam Adani meets Bangladesh PM Sheikh Hasina
Gautam Adani meets Bangladesh PM Sheikh Hasina Sep 06, 2022, at 06:46 am