Tata Coffee Acquires Eight O'Clock Coffee For US$220m

India's First Wine, Food and Hospitality Website, INDIAN WINE ACADEMY, Specialists in Food & Wine Programmes. Food Importers in Ten Cities Across India. Publishers of delWine, India’s First Wine.

On a day when Indians were toasting the successful closure of steel tycoon Lakshmi Mittal's US$33.35bn bid on Arcelor, the world's second largest steel maker, another significant takeover went unnoticed.

Tata Coffee has paid US$220 million to pocket Eight O'Clock Coffee, the third-largest brand by volume in the US$21-billion US coffee retail market. Based in Montvale, New Jersey, Eight O'Clock Coffee is Folgers and Maxwell House in the US market.

Tata Coffee, incidentally, is owned by Tata Tea, which recently acquired UK's Tetley, Good Earth in the US and the Czech Republic's Jemca.

Wine In India, Indian Wine, International Wine, Asian Wine Academy, Beer, Champagne, World Wine Academy

Wine In India, Indian Wine, International Wine, Asian Wine Academy, Beer, Champagne, World Wine Academy