Acquisiton

Acquisiton

RRVL Acquires METRO India in a 2850 Cr Deal

Opportunity India Desk Dec 23 2022 - 3 min read

Reliance’s Reliance Retail Ventures Limited (‘RRVL’) on Thursday signed definitive agreements to acquire 100 per cent equity stakes in METRO Cash & Carry India Pvt Ltd. (‘METRO India’) for a total amount of INR 2,850 crore, subjected to closing adjustments. METRO India started as the first company to introduce cash-and-carry business format in the country ...

Share
Mergers And Acquisitions

HCL Tech to buy German IT services firm for $35 mn

Franchise India Bureau Jun 27 2018 - 1 min read

HCL Technologies Ltd said has agreed to acquire 100% stake in an German IT and engineering services provider H&D International Group for €30 million (around Rs 240 crore or $35 million) in a cash deal which includes earn-outs. In a stock-exchange filing, HCL said the acquisition was part of its long-term ...

Share
Acquisiton

Hero Cycles acquires Firefox Bikes

Franchise India Bureau Sep 29 2017 - 2 min read

Hero Cycles on Thursday said it has acquired Firefox Bikes as part of strategy to cement its position in the fast-growing premium cycling segment in India. As part of the deal, promoters of the Delhi-based Firefox Bikes divested their entire equity stake to Hero Cycles in an all-cash transaction. Hero Cycles, however, did ...

Share
Acquisition

Enrich Salon takes over a beauty startup Belita

Franchise India Bureau Sep 29 2017 - 1 min read

In recent scenario where the climate is getting more hostile for the startup sector, another beauty startup plunges to the extreme pressure. On-demand beauty platform Belita has been finally acquired by beauty chain Enrich Salon. After a short stint in the market, Belita has been taken over by Enrich in an undisclosed amount deal.As revealed ...

Share
QuikrServices

Quikr takes over StayGlad an on demand beauty service startup

Franchise India Bureau Sep 29 2017 - 1 min read

Quikr India Pvt. Ltd., an online classified firm, has made its third acquisition within a short span of five months. The firm has acquired a Bangaluru based beauty services marketplace StayGlad in an undisclosed amount.This is marked as Quikr’s third acquisition after taking over ZapLuk in August, Salosa in May and AtHomeDiva recently. The company ...

Share