The reports note that both parties are close to agreeing on valuation, as the negotiations have gained momentum over the past few months
In an attempt to strengthen its position in the wellness and nutrition market, Tata Consumer Products or TCPL is in advanced discussions to acquire Danone SA’s India nutraceuticals and specialised nutrition portfolio, as per the reports.
The reports noted that both parties are close to agreeing on valuation as the negotiations have gained momentum over the past few months. The acquisition would pave the way for the company to enter the value-added nutrition segment. The company has been working on building a broader wellness ecosystem.
India has been witnessing a boom in the health food industry post-pandemic. Tata Consumer Products has ventured into the plant-based meat products industry under the brand Tata Simply Better, as per the reports.
Tata Consumer Products reported an 11 per cent year-on-year rise in consolidated net profit for the second quarter of FY26, driven by strong domestic demand and steady international performance. Net profit stood at Rs 404 crore, compared with Rs 364 crore a year earlier. Revenue from operations rose 17.8 per cent to Rs 4,966 crore from Rs 4,214 crore, while total income increased 17.4 per cent to Rs 5,003 crore. Consolidated Ebitda was Rs 675 crore for the quarter.
The India-branded business grew to Rs 3,122 crore from Rs 2,655 crore a year earlier, supported by sustained double-digit growth in tea and salt. The Tata Sampann range continued to expand, while the ready-to-drink (RTD) segment reported solid volume and value gains. Revenue from the international branded business increased to Rs 1,288 crore from Rs 1,116 crore, and the non-branded division rose to Rs 590 crore from Rs 462 crore.
