Tag: PepsiCo tata joint venture

Tata Consumer acquires Pepsico’s stake in NourishCo Beverages

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…