Tata Consumer to acquire 100% equity shares of Capital Foods (owner of brands Ching's secret and Smith & Jones) and Organic India (which is into Organic herbal teas and health foods) - 10 July 2024

Tata Consumer to acquire 100% equity shares of Capital Foods (owner of brands Ching's secret and Smith & Jones) and Organic India (which is into Organic herbal teas and health foods)

Tata Consumer to acquire 100% equity shares of Capital Foods (owner of brands Ching's secret and Smith & Jones) and Organic India (which is into Organic herbal teas and health foods). These are very 2 strong brands, and have good growth potential from revenue perspective This will also help, Tata to expand its portfolio and its Total Addressable Market. ???? Capital Foods - is a 25year old company with manufacturing unit in Nasik, kandla and Vapi. and is generally owned by Private Equity, Family office, and Trust FY'23 reported revenue is 705 crore FY'24 estimated revenue is 750-770 crore ◾ Ching Secret is a market leader in Desi Chinese across its product categories. ◾ Also ranks 2 in all large 5 categories. ???? Organic India - is rapidly growing health and wellness segment. With strong relationship with more than 12,000 farmers and robust supply chain with loyal consumer base. ◾ has a footprints covering over 48 countries, substainally from India and the US. ◾ Portfolio is of over 100 products in Health & Wealth space. ◾ TAM size - in India is 7,000 crore - in International markets is 75,000 crores Source- Mint