Tata Consumer - A Global Story?
Tata Consumer acquired a number of companies in the US, UK and Africa, for which they were criticized for over a decade. There were valid reasons for the same, they were not able to digest the rapid acquisitions and had a number of issues getting those companies to profitability.
The recent annual report gives a good feeling about the company's global operations. They have Tetley in UK, a leader, an award winner, Eight O'clock and Goodearth in the US, again with almost 12000 five star reviews on Amazon.
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Their overall numbers also look very good, with the merger of the Tata Chemicals food business. This indeed looks like a global consumer FMCG giant in the making.
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