Bisleri deal dissolved; Tatas to make investments in their own brands

The Tata Group company announced on March 17 that negotiations regarding the potential acquisition of Ramesh Chauhan's Bisleri International had ceased

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BS Web Team New Delhi
Tata Consumer Products is planning to make substantial investments in its own mineral water brands, such as Tata Copper+ and Himalayan, The Economic Times reported. The development comes at a time when its plans to acquire leading bottled water brand Bisleri could not come to fruition.

Company CEO and Managing Director Sunil D'souza was quoted as saying in the report that "Acquiring Bisleri would have fast-forwarded our plans by three years, but this plan was just a small puzzle in our big F&B (food and beverage) puzzle box." He added that the company plans to support its own brands, including Tata Copper+, Tata Gluco+, and Himalayan mineral water. He emphasised that the company had strong resources at its disposal and

First Published: Mar 23 2023 | 12:22 PM IST

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