Tata Consumer will buy Bisleri International

Tata Consumer of Tata Group Rs. There are reports of buying Bisleri International for 6,000-7,000 crores. According to a media report, Bisleri International Chairman Ramesh Chauhan does not have a successor to take Bisleri to the next level. Chauhan has earlier sold brands like Thums Up, Gold Spot and Coca-Cola to Limca. Bisleri, India’s largest packaged water company, has committed Rs. 2,500 crore turnover and Rs. It is expected to make a profit of 220 crores. Chauhan says though the sale of Bisleri was a painful decision, the Tata group will take better care of it. I like the Tata culture and values ​​and continuity and that is why Tata has decided to sell Bisleri despite aggressive buying from other interested parties.” Chauhan says. They will not hold a minority stake in the business. They will focus on environmental and charitable causes such as water conservation and plastic recycling.

 

About 21 years ago in 1993, Coca-Cola bought the entire portfolio from Chauhan and his brother Prakash. Apart from Thump Up and Limca, the portfolio includes Saitra, Rimjhim and Maaza. Tata Consumer currently sells packaged mineral water under the brand names Himalaya and Tata Copper Plus. Bisleri started as an Italian brand in 1965 in Mumbai. The Chauhan brothers bought it in 1969. It currently has 122 operational plants. The company has over 4,500 distributors in India and neighboring countries. Tata Consumer currently sells packaged mineral water under the brand names Himalaya and Tata Copper Plus. Bisleri started as an Italian brand in 1965 in Mumbai. The Chauhan brothers bought it in 1969. It currently has 122 operational plants. The company has over 4,500 distributors in India and neighboring countries. Tata Consumer currently sells packaged mineral water under the brand names Himalaya and Tata Copper Plus. Bisleri started as an Italian brand in 1965 in Mumbai. The Chauhan brothers bought it in 1969. It currently has 122 operational plants. The company has over 4,500 distributors in India and neighboring countries.