Acquiring Company
Juniper Hotels Limited
Acquired Company
Novotel Imagicaa
India
BelgiumHospitalityHotelHospitalityLeisureHotelTravelDescription
Juniper Hotels Limited has approved the acquisition of Novotel Imagicaa from Imagicaaworld Entertainment Limited for ₹248 crore. This acquisition adds a cash-generating hotel asset to Juniper's portfolio, supporting its long-term growth strategy. With 287 keys, the established hotel represents a significant step for Juniper into inorganic growth. The move positions Juniper strongly within India's premium hospitality market.
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M&A Insights
Based on deal dataFrequently asked
Who acquired Novotel Imagicaa?
Novotel Imagicaa was acquired by Juniper Hotels Limited, based in India. The deal was reported on September 16, 2026. Juniper Hotels Limited operates in the hospitality sector. The company focuses on developing and acquiring hotels to expand its portfolio. It is aiming for significant growth in room capacity. Juniper Hotels Limited is privately held and operates in Hospitality.
When did Juniper Hotels Limited acquire Novotel Imagicaa?
Juniper Hotels Limited's acquisition of Novotel Imagicaa was reported on September 16, 2026. Juniper Hotels Limited has approved the acquisition of Novotel Imagicaa from Imagicaaworld Entertainment Limited for ₹248 crore. This acquisition adds a cash-generating hotel asset to Juniper's portfolio, supporting its long-term growth strategy. 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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