Bluspring Acquires LSG India Aviation Catering Business

Bluspring's subsidiary BNHTPL acquires 100% of LSG India's Bengaluru aviation catering operations for undisclosed sum.
LSG India's Bengaluru unit generates over ₹110 crore revenue with mid-to-high-teens EBITDA margins and serves major airlines.
Acquisition includes long-term concession at Bengaluru Airport until 2039, leveraging expected passenger growth to 70M by 2030.
Transaction expected to close in 60-90 days, expanding Bluspring's food services into high-barrier aviation catering segment.