Mergers & Acquisitions
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Opportunity India Desk Sep 29, 2017 - 1 min readAdani Group, a Gujarat-based conglomerate is ready to close the deal of acquiring Deccan Chargers for $280-300 million. Deccan Chargers, a franchise of IPL has won the 2009 cricket league with the help of its strong players like Andrew Symonds, Chaminda Vaas, Herschelle Gibbs and others.Deccan Chronicle holds 80 per cent of the total stakes ...
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Opportunity India Desk Sep 29, 2017 - 1 min readAir India, a brand of the National Aviation Company of India Ltd has recently signed a franchise agreement with the UK's Pratt & Whitney to open an EcoPower engine wash service at Mumbai International Airport , confirms a company official.Pratt & Whitney is a division of United Technologies Corp and has the patent for EcoPower ...
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Opportunity India Desk Sep 29, 2017 - 2 min readRE/MAX an international real-estate company has tied up with Franchise India Holdings Ltd (FIHL) for its foray into real estate brokerage. It is further planning to expand its service portfolio from a leading business brokerage consultancy to a 360 degree franchise support.Re/MAX is seeking business professionals to represent RE/MAX as ‘Broker Owner Franchisee’ in Delhi ...
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Opportunity India Desk Sep 29, 2017 - 1 min readGood Things, an apparel brand established in 1998, has joined hands with Francorp to expand its presence pan India via franchise route. Earlier the company only dealt with cotton garments but now it is focusing on formal wear also by venturing into fabrics such as silks, poly silks, and south cottons. Good Things plan ...
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Opportunity India Desk Sep 29, 2017 - 2 min readAidin Ltd, a New Zealand based designer wardrobe business offering innovative storage solutions for entire home, is all set to enter into the Indian market through franchising with the help of the Francorp expertise. The company specialises in personally designed wardrobes for the bedroom, garage, laundry, home office, and library. The concept of their product ...
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Opportunity India Desk Sep 29, 2017 - 2 min readThe education sector has been predicted to grow at the rate of 30 to 35 per cent in the years to come. The education sector, which offers potential business opportunity emanates from the fact that India has world’s largest youth population. ‘The Franchising World’ magazine in its anniversary issue for the year 2010 featured top ...
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Opportunity India Desk Sep 29, 2017 - 1 min readReliance Big Entertainment Ltd (RBEL), a part of India's Reliance ADA group has acquired 50 per cent stakes of Codemasters, a British developer and publisher of world-class video games. Zapak Digital Entertainment Ltd, the gaming division of RBEL will administer the investment process.Commenting on the acquisition, Rohit Sharma, CEO of Zapak said, “We are excited ...
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Opportunity India Desk Sep 29, 2017 - 1 min readOnline digital photo printing company, Zoomin.com is planning to open 25 stores pan India by 2010. The company has partnered with Crossword Bookstores to open six shop-in-shops in five metro cities.Zoomin.com currently has one standalone Zoomin Photo Studio, a franchise store in Mumbai. According to company officials of Crossword Bookstores, the stores will be both ...
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Opportunity India Desk Sep 29, 2017 - 1 min readRe-feel, a Kolkata based cartridge refilling company is enjoying the completion of the opening of a100 outlets across the nation. Alkesh Agarwal, CEO, Re-feel says, “As we celebrate the opening of 100 stores, we are looking to greet our customers with some exciting offers by the end of this month. The amazing achievement in such ...
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Opportunity India Desk Sep 29, 2017 - 2 min readAptech Ltd, an IT education and training centre has recently acquired 100 per cent stakes of Maya Academy of Advanced Cinematics (MAAC). The key shareholders of both companies signed an agreement to this effect. The deal is valued at Rs 76 crore and is structured to include a cash payout as well as issue of ...