Vikas Lifecare has acquired substantial stakes in renowned ‘SKY2.0 Club’, Dubai. The acquisition is a share swap deal signed between Vikas Lifecare and the holding company M/s Blue Sky Event Hall FZ-LLC, Dubai, for acquisition of 60% stakes in the SKY 2.0 Club business and all future business ventures in the relevant business segment at an enterprise valuation of about $130 million. The acquisition process shall be completed within this fiscal year.
Vikas Lifecare is an ISO 9001:2015 certified company, conventionally engaged in manufacturing and trading of Polymer and Rubber compounds and Specialty Additives for Plastics, Synthetic & Natural Rubber.