date:Jun 18, 2013
Tata Coffee, controlled by Tata Global Beverages, is looking for suitable companies in Europe to expand instant coffee business through inorganic route by the end of 2013.
Tata Coffee sells instant coffee as well as roasted and raw coffee beans in India, Russia, the US, Japan and Africa countries.
The company, which owns the Eight O'Clock coffee brand in the US, is looking to improve margins by pushing faster into instant coffee.
The move is in line with the company's aim to emerge as a INR10