An Australian company engaged in coffee business
Tata Global Beverages announced that the Company's overseas subsidiary based in UK has acquired a 100% stake in the equity capital of Bronski Eleven, Australia, engaged in coffee business under the MAP brand, with presence in the R&G coffee and coffee in Pods (single service portions) segments in Australia.The investment is in line with the Company's strategic vision to become a leader in the "good for you" beverage segment in Australia and it also helps Tata Global Beverages to expand its portfolio to include high growth contemporary single serve business.
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