Sapphire Foods India Limited
Sapphire Foods is one of the largest franchisees of Yum! Brands Inc. in the subcontinent, and operates more than 400 KFC, Pizza Hut, and Taco Bell restaurants across India, Sri Lanka, and the Maldives.
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Sapphire Foods India Limited has progressed with its proposed merger by jointly filing an application with the Competition Commission of India alongside Devyani International Limited, marking a key step in the ongoing corporate restructuring process.
Sapphire Foods India (SFIL) and Devyani International (DIL) are set to merge, effective April 1, 2026, subject to approvals. This strategic move aims to consolidate their QSR businesses, leveraging KFC and Pizza Hut brands for significant synergy. The goal is to boost scale, optimize costs, and expand market reach across...