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PE-backed Sapphire Foods takes full control of Pizza Hut franchisee

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PE-backed Sapphire Foods takes full control of Pizza Hut franchisee
Credit: Pixabay

Sapphire Foods India Pvt. Ltd has acquired the stake it didn’t already own in a franchisee of Pizza Hut and Delifrance in north India and Sri Lanka, three persons privy to the development told VCCircle. Sapphire Foods, one of two franchisees for Yum! Brands Inc.’s Kentucky Fried Chicken (KFC) and Pizza ......

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