Acquiring Company
Devyani International
Acquired Company
Sapphire Foods India
GurgaonIndiaFood and BeverageHospitalityFood ProcessingFood and BeverageHospitalityDescription
Devyani International is set to acquire Sapphire Foods India, a major franchisee operating Pizza Hut in Sri Lanka. This merger aims to strengthen their market position and expand their footprint in the region despite regulatory hurdles. The deal proposes a share swap beneficial to both parties involved.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Sapphire Foods India?
Sapphire Foods India was acquired by Devyani International, based in Gurgaon. The deal was reported on June 21, 2026. Devyani International is a leading food and beverage company in India. It operates several fast-food chains and restaurants across the country. The company is known for its commitment to quality and customer service. Devyani International is privately held and operates in Food and Beverage.
When did Devyani International acquire Sapphire Foods India?
Devyani International's acquisition of Sapphire Foods India was reported on June 21, 2026. Devyani International is set to acquire Sapphire Foods India, a major franchisee operating Pizza Hut in Sri Lanka. This merger aims to strengthen their market position and expand their footprint in the region despite regulatory hurdles. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Sapphire Foods India do?
Sapphire Foods India is a restaurant operator focusing on KFC and Pizza Hut franchises in India. The company aims to provide quality dining experiences while expanding its market presence. It is privately held, operating in Food and Beverage, and is based in India.
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