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acquisitionAnnounced · Feb 10, 2026Food ServicesSource · CredibleArticle · Factual
Devyani International acquires Sapphire Foods
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
—
Target
Sapphire Foods
Mumbai, Maharashtra
Acquirer
Devyani International
Merger
Status
Completed
Devyani International agreed to acquire Sapphire Foods. Reported deal value: Undisclosed. Status: Completed. Sector: Food Services. Target headquarters context: Mumbai, Maharashtra, India.
This page summarizes publicly available information about the transaction as of 2026-02-10. Figures and status may change as filings and press coverage update.
On January 1 this year, Devyani International and Sapphire Foods India , which operate Yum! Brands-owned KFC and Pizza Hut quick service chains in India , announced a merger to create the country largest single quick-service restaurant entity, leading to a joint entity operating over 3,000 stores
Deal timeline
Announced
Feb 10, 2026 · retail.economictimes.indiatimes.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Food Services. Figures and status may change as sources update.
Sources: retail.economictimes.indiatimes.com · Primary article · FireStrike proprietary index