Acquiring Company
Juniper Hotels
Acquired Company
Novotel Imagicaa
Assam
BelgiumHospitalityHotelHospitalityLeisureHotelTravelDescription
Juniper Hotels has proposed to acquire Novotel Imagicaa from Imagicaaworld Entertainment for Rs 248 crore. This acquisition aligns with Juniper's objective of building a portfolio of luxury hotels across India. Novotel Imagicaa offers a significant number of guest rooms and is strategically located near major cities.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Novotel Imagicaa?
Novotel Imagicaa was acquired by Juniper Hotels, based in Assam. The deal was reported on September 16, 2026. Juniper Hotels is a hospitality chain that operates luxury hotels and resorts. The company is known for its premium services and customer satisfaction. Juniper Hotels is privately held and operates in Hospitality.
When did Juniper Hotels acquire Novotel Imagicaa?
Juniper Hotels's acquisition of Novotel Imagicaa was reported on September 16, 2026. Juniper Hotels has proposed to acquire Novotel Imagicaa from Imagicaaworld Entertainment for Rs 248 crore. This acquisition aligns with Juniper's objective of building a portfolio of luxury hotels across India. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Novotel Imagicaa do?
Novotel Imagicaa is a 5-star hotel operating in Khopoli, Maharashtra. The hotel features 287 keys and is strategically located near a major theme park. It is part of the Imagicaaworld Entertainment Limited portfolio. It is privately held, operating in Hospitality, and is based in Belgium.
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