BLS UK Hotels Acquires Trefeddian Hotel Aberdovey for Rs. 78.29 Cr

The acquisition forms the company’s strategy to diversify into synergistic and allied service businesses

BLS UK Hotels Limited, step down subsidiary of BLS International Services Limited, has acquired 100% share capital of Trefeddian Hotel (Aberdovey) Limited, a company incorporated under the law of England and Wales.

As a result of this acquisition, Trefeddian Hotel (Aberdovey) Limited will become, directly and indirectly, a Step – Down Subsidiary of the Company (SDS)

The acquisition forms the company’s strategy to diversify into synergistic and allied service businesses. It will further broaden the Company’s business portfolio, augment revenue streams, unlock operational synergies, and reinforce the foundation for sustainable long-term growth.

The cost of acquisition is GBP 6.55 million (Rs. 78.29 crores approx.)