TCM Ltd’s Strategic Leap: 100% Stake in Better Feeds Fuels Rapid Growth Plans

Image Source: Manorama Online

TCM Ltd has announced a decisive move to bolster its presence in the fast-growing animal nutrition sector by acquiring a 100% stake in Kerala-based Better Feeds Private Limited. The acquisition, valued at up to ₹76.5 million, is set to significantly expand TCM’s footprint in the cattle and poultry feed market, strengthening its position as a leading innovator in India’s animal feed industry.

Key Highlights:

Strategic Acquisition: TCM Ltd’s board has approved the signing of a Memorandum of Understanding (MoU) to acquire all equity shares of Better Feeds Private Limited, subject to due diligence and final agreement. This move is aimed at consolidating TCM’s market leadership and diversifying its product portfolio in the animal feed segment.

Market Expansion: Better Feeds, a prominent manufacturer of cattle and poultry feed in Kerala, brings established operations and regional expertise. The acquisition will enable TCM to tap into new markets and leverage Better Feeds’ distribution network for accelerated growth.

Investment Rationale: The deal, pegged at a maximum of ₹76.5 million, underscores TCM’s commitment to scaling its animal nutrition business and delivering innovative, high-performance feed solutions tailored for dairy and poultry farmers.

Technological Edge: TCM is renowned for pioneering feed manufacturing with GMF Technology and operates under license from PDDP Central Society, offering advanced formulas that promote growth, milk yield, and fertility.

Industry Outlook: With this acquisition, TCM is poised to enhance its product range, improve operational efficiencies, and meet the rising demand for quality animal feed across India.

This strategic buyout marks a new chapter for TCM Ltd, positioning the company for sustained growth and leadership in the evolving animal feed industry.

Sources: Finance Saathi, TCM Limited, Economic Times