JV/AcquisitionAcquisition
Bluspring Enterprises' subsidiary is acquiring 100% of LSG Sky Chefs India Private Limited's Bengaluru operations for an enterprise value of INR 129 Cr in cash.
Bluspring Enterprises LimitedBLUSPRING · Filed with the exchange
This strategic move marks Bluspring's entry into the aviation catering sector, securing access to in-flight catering facilities at Bengaluru Airport until 2039. The acquisition complements existing food services, enhancing margins and supporting long-term growth.
LSG India's retained business reported FY25 revenue of INR 101 Cr and a profit of INR 10 Cr, boosting Bluspring's overall financial profile.
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