Tata Consumer to speed up integration of new acquisitions

livemint.com:

₹5,100 crore for 100% stake in Capital Foods, and for a 100% stake in Organic India, TCPL will pay ₹1,900 crore, along with an additional earn-out for the shareholders linked to FY26 audited financials of the company, the company said while announcing the acquisitions Friday. The company will complete the integration of the two businesses over the next three-to-four months, with plans to leverage TCPL's existing distribution muscle to further the reach of the recently acquired brands—both in India and overseas. Meanwhile, the company will continue to scout for opportunities as it builds a “large" fast moving consumer goods (FMCG) business in India and overseas.

“In the immediate-to-short term, the board has reposed enormous confidence in the management team per se by allowing us to do this. I think the first task is to deliver against what we've said we can do with these brands. You can never time inorganic opportunities.

If and when something comes up, we will evaluate it on its merits. Our big focus is India; the growth is in India, we aim to be a large player here, but the icing on the cake is if we acquire something in India and it has international legs, that would be a fantastic opportunity," Sunil D’Souza, MD and CEO, TCPL, said in an interview with Mint on Sunday. The work to integrate the newly acquired businesses with TCPL will start with immediate effect.

“So, distribution has significant gaps and given our footprint is far bigger, we should be able to pull this off quickly. There's not too much work to be done on the portfolio because almost everything is complementary. We will be very, very quick about it, three-to-four months is the target that we have set for ourselves," he added.