Tata Consumer Raises Capital Foods Stake, Acquires Additional 5% Holding
Mumbai: Tata Consumer Products has acquired an additional 5 percent stake in Capital Foods from Wildflower Private Trust, raising its ownership in the packaged foods company to 80 percent. The transaction was completed on September 1, 2026, the company told stock exchanges. It did not disclose the value paid for the latest stake purchase. Ownership rises to 80 percent Following the acquisition,…
Tata Consumer Products has bolstered its stake in Capital Foods, acquiring an additional 5 percent of the company from Wildflower Private Trust. This brings Tata Consumer's ownership in Capital Foods to a 80 percent stake, up from 75 percent previously acquired in February 2024. The transaction, completed on September 1, 2026, did not disclose the exact amount paid for the latest stake purchase.
After the acquisition, Tata Consumer now holds 27,95,533 equity shares of Capital Foods, representing 80 percent of the target company's paid-up equity capital. Tata Consumer initially announced its intention to acquire up to 100 percent of Capital Foods in January 2024, completing 75 percent of this purchase by February 2024, with plans to acquire the remaining 25 percent within three years.
The latest purchase advances Tata Consumer's goal of gaining full ownership of Capital Foods. Capital Foods contributes to Tata Consumer's higher-growth food and beverage portfolio, owning popular brands like Ching’s Secret and Smith & Jones. This range includes sauces, noodles, soups, chutneys, masalas, and cooking pastes, strengthening Tata Consumer's position in India’s rapidly expanding packaged foods market.
Despite the acquisition, Tata Consumer still has a residual 20 percent stake to secure full control of Capital Foods. The company has not provided a specific timeline or financial details for completing this final purchase, only stating it will be finalized within three years from the initial acquisition.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
