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Starbucks' Indian supplier may acquire instant coffee maker

from Bloomberg

Tata Coffee Ltd., Asia's largest publicly traded grower of the bean, plans to spend more than five billion rupees ($110 million) to acquire an instant coffee maker in Europe in a bid to boost profit margins. The company is planning to increase its instant coffee production by 75 percent to 14,000 metric tons in the next four years in part by acquiring a plant in Europe. more


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