Bluspring Enterprises Enters Aviation Catering Sector with Acquisition of LSG India

Bluspring Enterprises Enters Aviation Catering Sector with Acquisition of LSG India

Bluspring Enterprises Enters Aviation Catering Sector with Acquisition of LSG India​

Bengaluru, April 13, 2026: Bluspring Enterprises Limited, an integrated infrastructure services provider, announced today that its wholly owned subsidiary, Bluspring New Horizon Two Private Limited (BNHTPL), has entered into a definitive agreement to acquire a 100% stake in LSG Sky Chefs (India) Private Limited (LSG India). This move marks the company's strategic entry into the high-growth aviation catering sector.

LSG India, which is ultimately owned by AURELIUS, a global private equity investor, currently operates airline catering services at both Bengaluru and Hyderabad airports. The proposed transaction focuses on the acquisition of the Bengaluru operations, while the Hyderabad operations are set to be carved out prior to the closing. The acquisition is expected to complete within the next 60 to 90 days.

LSG India, established in 2001, is a major provider of in-flight catering and allied aviation services for multiple domestic and international airlines, including IndiGo, Lufthansa, Etihad, and Qatar Airways.

Operational Footprint and Scale​

The Bengaluru operation boasts substantial infrastructure and capacity, enabling Bluspring to cover the end-to-end aviation catering value chain.

Key operational details of the LSG India Bengaluru unit include:

MetricDetail
Kitchen Area9272 sq. mt.
Daily CapacityApproximately 15,000 meals
WorkforceOver 400 employees
Reported RevenueOver INR 110 crores
ProfitabilityMid-to-high teens EBITDA margins

The acquisition immediately provides Bluspring access to in-flight catering facilities operating at Bengaluru Airport under a long-term concession agreement that remains valid until 2039. Furthermore, market projections by Bangalore International Airport Limited (BIAL) indicate significant growth, forecasting air passenger traffic at Bengaluru airport to rise from approximately 45 million now to over 70 million by 2030.

Strategic Rationale​

Industry experts view this acquisition as providing Bluspring with a strong platform to capture the high-growth aviation catering business across India.

Kamal Pal Hoda, Executive Director & CEO of Bluspring Enterprises Limited, stated that the acquisition is a strategic milestone, offering immediate scale in a niche, high entry barrier segment. He noted that the business complements Bluspring's existing food services vertical, significantly expanding margins and Return on Equity (ROE), thereby supporting long-term growth ambitions.

Nitin Trikha, CEO of the Food & Hospitality Business at Bluspring Enterprises Limited, added that the aviation catering ecosystem demands globally benchmarked hygiene, precision, and consistency. He emphasized that this acquisition allows the company to leverage its existing capabilities to deliver food experiences that meet world-class aviation standards.

Dave Tuck, Managing Director of LSG India, expressed satisfaction at joining the Bluspring group. He stated that the integration will allow for the streamlining of India operations while ensuring continued operational stability for airline partners in Bengaluru, confirming the belief that the business will grow under Bluspring's stewardship.

BLUSPRING Stock Price Movement​

On Monday, shares of Bluspring Enterprises Limited rallied, settling at ₹67.2 after climbing 5.25% for the session. The stock saw considerable investor interest, trading on a total volume of 414,269 shares.

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Editorial Note

This news article was written and created by Deepali, and published on IST.
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