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Tata Consumer Products divests MAP Coffee business in Australia

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Capital Market
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.

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

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