Tata Consumer Products divests MAP Coffee business in Australia

Bs_logoImage
Capital Market
Last Updated : Dec 07 2020 | 1:32 PM IST
Tata Consumer Products continually evaluates its businesses across geographies in line with its strategy and business objectives. As a result of this process, the Company has decided to divest its MAP Out of Home coffee business in Australia to Buccheri Group Pty Ltd, a Boutique Coffee manufacturer established in Australia in 2007, and led by Santo Buccheri and his family. This divestment does not impact Tata Consumer Products' existing branded tea business in Australia.

Powered by Capital Market - Live News

Disclaimer: No Business Standard Journalist was involved in creation of this content

More From This Section

First Published: Dec 07 2020 | 10:47 AM IST

Next Story