Friday, December 13, 2024
spot_img

SKFS Acquires Mirah Hospitality, Owner of Rajdhani, Hitchki, and Bayroute

Must Read

SKFS, a prominent food services and hospitality company, has announced the acquisition of a 100% stake in Mirah Hospitality & Gourmet, the parent company of renowned restaurant brands Rajdhani, Hitchki, and Bayroute. The acquisition, valued at ₹80 crore, will see Mirah Hospitality become a wholly-owned subsidiary of SKFS.

Dinakara Shetty, Chairman and Managing Director of SKFS, expressed his enthusiasm for the acquisition, stating, “We are excited to integrate these iconic brands into our portfolio and elevate their offerings to new heights.”

Harish Shetty, Vice Chairman of SKFS, added, “Leveraging our expertise in hospitality, we are committed to delivering exceptional dining experiences and further strengthening the positions of Rajdhani, Hitchki, and Bayroute.”

Aji Nair, CEO of Mirah Hospitality and Gourmet Solutions, shared his confidence in the future of the brands under SKFS’s leadership. He emphasized the company’s dedication to providing innovative and memorable dining experiences.

With this strategic acquisition, SKFS aims to expand its footprint in the Indian food service industry and solidify its position as a leading player in the market.

Latest News

Rebel Foods to Invest Rs. 200 Crore for Wendy’s Expansion in India

Rebel Foods, the India franchise partner for Wendy's, is set to invest Rs. 200 crore over the next three...