Tata Consumer Products Acquires Capital Foods

Tata Consumer Products acquired Capital Foods on January 12, 2024. This was Tata Consumer Products's 1st publicly tracked acquisition out of 2 we have on record.

Tata Consumer Products paid $576.3M for Capital Foods.

Tata Consumer Products signed definitive agreements to acquire 100% of Mumbai-based Capital Foods, owner of the Ching's Secret and Smith & Jones brands, for Rs 5,100 crore. Seventy-five per cent of the equity was bought upfront with the remaining 25% to be acquired within three years.

Capital Foods is Tata Consumer Products's only publicly tracked acquisition in Packaged foods so far.