India’s biggest packaged drinking water company, Bisleri International, owned by Ramesh Chauhan received an offer from the Tata Group for buying a stake.
One of the senior executives said, “This would give the Tatas a massive foothold in packaged drinking water across the entry-level, mid-segment, and premium packaged water categories, and a ready go-to-market network across retail stores, chemist channels, institutional channels, including hotels, restaurants, and airports, besides bulk-water delivery, since Bisleri mineral water, leads across each of these channels.”
The Tata Group revealed making an offer for a stake acquisition, which will be scaled up subsequently as the company is keen on the packaged water business.
The chief executive Sunil D’Souza said that the Tata Group’s Tata Consumer business which sells Eight O’Clock coffee, Soulfull cereals, salt, Tetley tea, and pulses apart from operating Starbucks cafes, is actively exploring strategic acquisitions.
He added that inorganic growth would be a prominent aspect of its growth strategy.
Referring to the website, Bisleri International has a huge production setup with more than 150 manufacturing plants, a strong network of 4,000 distributors with 5,000 delivery vehicles plying across the country.
