V.G. Siddhartha's wife will take over the cafe Coffee Day, these companies wanted to buy CCD

V.G. Siddhartha's wife will take over the cafe Coffee Day, these companies wanted to buy CCD

Now Tata Global Beverages, Coca-Cola and Jubilant Foodworks are also keen on buying Cafe Coffee Day for Cafe Coffee Day.

After the death of the owner of Cafe Coffee Day, the question that was most commonly raised in the minds of the people was that now who will take charge of Cafe Coffee Day, in the media, if the news is to be believed, now VG Siddharth's wife Malvika can take charge of his company. Here we would like to tell you that Malvika is already involved in the company's board. After the death of VG Siddharth, it was also revealed that now Café Coffee Day is keen to buy Tata Global Beverages, Coca Cola and Jubilant Foodworks and Cafe Coffee Day.

But Malvika is yet to recover from the shock of her husband's death, so it will be a little difficult for her to handle CCD immediately. Let you know that Malvika is the daughter of former Karnataka Chief Minister and former Union Minister SM Krishna. Apart from this, Malvika has studied engineering from Bengaluru University. VG Siddhartha was the managing director and chairperson of CCD. After confirming his death, the CCD has handed over the command of the company to the former IAS officer SV Ranganath on Wednesday. Also, the company board has appointed Nitin Bagmane as the interim chief operating officer.

Competition in companies to buy CCD

After the death of VG Siddhartha, the name of Tata Global Beverages and Jubilant Foodworks companies is also coming out to buy CCD. Coca-Cola is already talking about buying a CCD. Let me tell you that Jubilant Foodworks is constantly trying to get ahead of its rival company Westlife Development. Westlife is the owner company of McDonald's and MC Cafe, where both burgers and coffee are available. In such a situation, there will be an opportunity for the jubilant to step into the coffee industry. At the same time, Tata Global Beverages has a joint venture with American coffee chain Starbucks. If the company buys CCD, then it will help Starbucks to grow in India.

V.G. Siddhartha's wife will take over the cafe Coffee Day, these companies wanted to buy CCD

Such a big debt on VG Siddhartha - is this the reason for the death of the owner of Cafe Coffee Day?

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