Business Opportunities in India
Search
  
Tata Global Beverages buys into Activate
Our Bureau
Date of posting: 22-11-10
      Tata Global Beverages, the world’s leading branded tea maker now incorporated im UK, has acquired a minority stake in Activate, a US-based beverage and bottled water firm. Tata Global Beverages along with other investors plans to invest $20 million in Activate, where the funds will be to expand into new geographical markets.

      The acquisition is in line with the company’s plan to become a leader in the health and wellness beverages space as tea consumption is declining globally, with newer categories, such as energy drinks and enhanced water, emerging as future growth drivers.

Other Beverages News

Other UNITED KINGDOM News

Your comments here:
Full name:
Email address:
Company/Organisation (optional) :
Country (optional) :
Phone no. (optional) :
Your comments: