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Eveready plans to buy packet tea biz

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BS Reporter Kolkata
Eveready plans to buy packet tea biz
BS Reporter / Kolkata November 1, 2007
Brij Mohan Khaitan-promoted Eveready Industries India, is in the process of appointing a merchant banker for identifying acquisitions in the non-battery segment.

Deepak Khaitan, executive vice chairman & MD, Eveready said, the company was expecting the deal to come through in the next six months.

In the packet tea segment, Eveready is ranked third, along with many other companies, sharing the same position. Khaitan said, the company wanted to be the solo third ranked packet tea player in the country.

Eveready

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First Published: Nov 01 2007 | 4:00 PM IST

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