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Home > Business > Companies > Mergers & Acquisitions > SKFS acquires 100% stake in Mirah Hospitality & Gourmet

SKFS acquires 100% stake in Mirah Hospitality & Gourmet

MarcaMoney
Last updated: November 16, 2024 3:30 PM
By MarcaMoney
SKFS acquires 100% stake in Mirah Hospitality & Gourmet
SKFS acquires 100% stake in Mirah Hospitality & Gourmet
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SKFS, a food services and hospitality company acquired a 100% stake in Mirah Hospitality & Gourmet-which owns restaurant brands Rajdhani, Hitchki, and Bayroute for ₹80 crore.

Post-acquisition, Mirah Hospitality, which operates 30 outlets across its brands, will become a 100% subsidiary of SKFS Group.

SKFS is co-founded by Dinakara Shetty, Chairman and Managing Director and Harish Shetty, Vice Chairman and Managing Director.

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With over three decades of experience in managing and operating luxury 5-star hotels and resorts, the company owns and operates Ramada by Wyndham (Navi Mumbai), Citrus Classic (Bengaluru) and will soon be opening Courtyard by Marriott in Lonavala.

SKFS has established itself as a trusted player in the hospitality industry and is also a pioneer in providing high-quality industrial and commercial hospitality services to a diverse clientele, including exclusive establishments, corporates, clubs, institutions, industries, and other entities across India.

Dinakara Shetty, Chairman and Managing Director of SKFS, said, “The acquisition of these iconic brands marks an important milestone in our journey to redefine dining experiences across India. We look forward to integrating Rajdhani, Hitchki, and Bayroute into our portfolio and enhancing their unique offerings.”

Harish Shetty, Vice Chairman, said, “With our hospitality expertise, we’re committed to creating memorable experiences that resonate deeply with our customers and elevate these beloved brands to new heights.”

Aji Nair, CEO of Mirah Hospitality and Gourmet Solutions, said, “We are proud of the legacy that Rajdhani, Hitchki, and Bayroute have built over the years. We believe that under SKFS’s leadership, these brands will continue to flourish and innovate, offering even greater experiences for our loyal customers.”

TAGGED:Mirah HospitalitySKFS Group

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