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Tata's Bisleri International buyout may be biggest in India FMCG space

A majority stake for Rs 6K-7K cr to allow TCPL's expansion in beverage space

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According to analysts, a decision to buy a majority stake in Bisleri would help strengthen Tata’s foothold in the beverage segment if it uses the Bisleri name to expand its drinks portfolio

Sharleen D'Souza Mumbai
In what could be India’s largest fast-moving consumer goods (FMCG) deal yet, Tata Consumer Products (TCPL) is in discussions to buy a majority stake in packaged water major Bisleri International for Rs 6,000 crore-Rs 7,000 crore. If the deal is sealed, the ubiquitous Bisleri brand name would open up new avenues for Tata Consumer in the beverage space.

TCPL is talking to various parties, including Bisleri International, for growth and expansion opportunities, TCPL’s spokesperson said in a statement on Thursday.

“TCPL evaluates various strategic opportunities for growth and expansion of the business of the company, on an ongoing basis. TCPL

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First Published: Nov 24 2022 | 8:52 PM IST

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