Tata Global Beverages’ arm to sell entire stake in Tata Global Beverages Czech Republic
13th Jan 2020

Tata Global Beverages’ subsidiary -- Tata Global Beverages Overseas Holdings has entered into an Agreement for selling 100% of the equity shareholding in Tata Global Beverages Czech Republic a.s., the step-down subsidiary of the Company located in Czech Republic and upon completion of the conditions and formalities as per the said agreement, Tata Global Beverages Czech Republic a.s. would cease to be subsidiary of the Company.

Tata Global Beverages is a global beverage business with a brand presence in over 40 countries. The company has significant interests in tea, coffee and water and is the world’s second largest tea company.