Tata group to buy world’s largest water company
It is clear about Ratan Tata’s business, Tata Group is already present in almost every business of the whole world.
Now Ratan Tata’s company Tata Group can now buy stake in Bisleri International, the largest company in the drinking water industry.
Tata has made an offer for a stake in Bisleri International, owned by Ramesh Chauhan, India’s largest packaged water company. Bisleri has been offered to buy a stake in this company.
This will help Tata gain a massive foothold in the entry-level, mid-segment and premium packaged drinking water category. Not only this, the entry into this business will increase Tata’s ready-to-market network including retail stores, chemist channels, institutional channels, hotels.
In addition to restaurants and airports, Bisleri Mineral Water is a leader in bulk-water delivery.
This deal of Tata Group and Bisleri International, the largest company in the drinking water industry, will happen soon or it will take some time, only time will tell. PLC/GT