Jubilant FoodWorks has completed the acquisition of 10.76% stake in Barbeque-Nation Hospitality on January 25, 2021. Earlier, the company had entered into a Share Subscription agreement and Restated Shareholders’ agreement to acquire stake.
Jubilant FoodWorks is India’s largest and fastest growing food service company. The company and its subsidiary operates Domino’s Pizza brand with exclusive rights for India, Nepal, Bangladesh and Sri Lanka.