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Tatas to sell MAP Coffee for ₹6.74 crore

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Tata Consumer Products Ltd (TCPL) on Saturday mentioned its Australia-based step-down subsidiary is promoting the MAP Coffee Business to Buccheri Group for A$1.25 million (₹6.74 crore).

According to TCPL’s web site, MAP Coffee was established in 2002 and provided Australian cafes, eating places and bars with a spread of Italian and locally- roasted espresso. TCPL subsidiary Earth Rules Pty Ltd., Australia, entered into an settlement on December 5 for the sale.

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