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Jubilant FoodWorks completes acquisition of 10.76% stake in Barbeque-Nation Hospitality

27 Jan 2021 Evaluate

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.

Peers
Company Name CMP
Nestle India 1372.00
Varun Beverages 416.00
Britannia Industries 4990.00
LT Foods 421.80
Hatsun Agro Product 1182.70
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