Tata Consumer Products Limited announced that it will acquire PepsiCo’s stake in NourishCo Beverages Limited, a 50:50 joint venture (JV) between the two Companies. The JV was formed in 2010 through a joint venture agreement between Tata Global Beverages and PepsiCo India. Tata Consumer said that the acquisition will widen its portfolio in the Food…
Tag: PepsiCo tata joint venture
NourishCo Beverages – Tata & Pepsico JV appoints Pratik Pota as CEO
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•NourishCo Beverages Ltd. , a joint venture between PepsiCo & Tata Global Beverages has appointed Pratik Pota, as the chief executive officer of the company with immediate effect. Pratik takes over from incumbent Punita Lal. In his earlier role, Pratik had been heading the South Business Unit for PepsiCo, from May 2008. Pratik, is a…