Bengaluru, Apr 14: Bluspring Enterprises Limited, India’s leading integrated infrastructure services enterprise, today announced that its wholly owned subsidiary, Bluspring New Horizon Two Private Limited (“BNHTPL”) has entered into a definitive agreement to acquire 100% shareholding of LSG Sky Chefs (India) Private Limited (“LSG India”), marking its strategic entry into the aviation catering sector. LSG India is ultimately owned by AURELIUS, a global private equity investor widely recognised for its operational approach, and operates airline catering facilities at Bengaluru and Hyderabad airports. The proposed transaction involves the acquisition of the Bengaluru operations, with the Hyderabad operations to be carved out prior to closing. The transaction is expected to close within the next 60–90 days, subject to customary closing conditions.
Founded in 2001, LSG India is a leading provider of in-flight catering and allied aviation services for domestic and international airlines, including IndiGo, Lufthansa, Etihad and Qatar Airways. Backed by strong operational infrastructure, the Bengaluru kitchen spans an area of 9272 sq. mt. with a capacity of approximately 15,000 meals per day, and additional expansion potential to support future growth. The company’s integrated catering and logistics capabilities enable it to cover the end-to-end aviation catering value chain.
Supported by a workforce of over 400 employees, LSG India’s Bengaluru operations generate revenue of over INR 110 crores and mid-to-high-teens EBITDA margins.
The acquisition gives Bluspring access to in-flight catering facilities operating at Bengaluru Airport under a long-term concession agreement until 2039. According to Bangalore International Airport Limited (BIAL) estimates, air passenger traffic at Bengaluru airport is poised to rise from ~45 million now to over ~70 million by 2030, which would provide Bluspring with a strong platform to capture the high growth aviation catering business across India.
Commenting on the acquisition, Kamal Pal Hoda, Executive Director & CEO, Bluspring Enterprises Limited, said, “This acquisition marks a strategic milestone for Bluspring as we enter the aviation services ecosystem through a high-quality operating asset at Bengaluru Airport. It gives us immediate scale in a niche, high-entry-barrier segment while creating opportunities to expand into adjacent airport-linked services. The business complements our existing food services vertical, significantly expanding margins and ROE, and supports our long-term growth and profitability ambitions.”
Nitin Trikha, CEO, Food & Hospitality Business, Bluspring Enterprises Limited, added, “Our food and hospitality business has been built on a foundation of strong operational discipline and uncompromising food safety standards. The aviation catering ecosystem demands globally benchmarked hygiene, precision, and consistency, and this acquisition allows us to leverage our existing capabilities to deliver food experiences that meet the world-class standards expected in aviation.”
Dave Tuck, Managing Director, LSG India, said, “We are happy to become part of the Bluspring group, which enables us to streamline our India operations while ensuring continued operational stability for our airline partners in Bengaluru. Bluspring brings strong capabilities in food services, and we are confident the business will continue to grow under their stewardship while maintaining the high standards expected within the aviation catering industry.”
