Tata Consumer Products to acquire Capital Foods and Organic India for Rs7,000 cr

Tata Consumer Products, the consumer goods arm of the Tata Group has agreed to acquire 100 per cent shares in Capital Foods, and Organic India for a total consideration of Rs7,000 crore. Under the deal, Tata Consumer will pay Rs5,100 crore for Capital Foods and Rs1,900 crore for Organic India.