Bluspring Enterprises Limited has informed the Exchange regarding a press release dated April 13, 2026, titled "Bluspring Enters High-Growth Aviation Catering with Strategic Acquisition of LSG India".
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Bluspring Enterprises Limited's wholly owned subsidiary has signed a definitive agreement to acquire 100% shareholding of LSG Sky Chefs (India) Private Limited from global private equity firm AURELIUS. LSG India operates in-flight catering facilities at Kempegowda International Airport, Bengaluru, with a 9,272 sq mt kitchen capacity of approximately 15,000 meals per day. The company serves major airlines including IndiGo, Lufthansa, Etihad, and Qatar Airways, and generates revenue of over INR 110 crores with mid-to-high-teens EBITDA margins. The Bengaluru operation has a concession agreement valid until 2039, and the transaction is expected to close within 60-90 days. This marks Bluspring's strategic entry into the aviation catering sector, complementing its existing food and hospitality vertical.
This acquisition gives Bluspring immediate scale in a high-entry-barrier aviation catering segment with strong margins, positioning the company to benefit from expected growth in Bengaluru airport traffic from 45 million to 70 million passengers by 2030. The deal expands Bluspring's food services platform while creating opportunities for adjacent airport-linked services.