Millitoons Entertainment’s wholly owned subsidiary in USA ‘Mient Hospitality, LLC’ has acquired 100% stake in Kirksville Hospitality, Inc which runs a hotel under the franchise of well established brand Holiday Inn,. The total cost of acquisition is $4.83 million. Kirksville Hospitality, Inc has recorded a gross revenue of $1.96 million in the last fiscal year.
Millitoons Entertainment, an integrated design solutions company, provides animation services in India. It is involved in the business of cinematography, ad, television, video, cartoon, 3-D, and animation films; and provision of various services related to production of animation films and other movies, picture films, and toy films, as well as acquires and sells related rights.
