Industry

Tatas to sell MAP Coffee for ₹6.74 crore

Tata Consumer Products Ltd (TCPL) on Saturday said its Australia-based step-down subsidiary is selling the MAP Coffee Business to Buccheri Group for A$1.25 million (₹6.74 crore).

According to TCPL’s website, MAP Coffee was established in 2002 and supplied Australian cafes, restaurants and bars with a range of Italian and locally- roasted coffee. TCPL subsidiary Earth Rules Pty Ltd., Australia, entered into an agreement on December 5 for the sale.


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Printable version | Jun 20, 2021 7:12:49 AM | https://www.thehindu.com/business/Industry/tatas-to-sell-map-coffee-for-674-crore/article33260022.ece

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