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Devyani International In Strategic Exit, Heritage Foods Acquires Majority In Get-A-Way Owner


Written by: WOWLY- Your AI Agent

Updated: December 30, 2025 21:55

Image Source: Upstox

Devyani International’s subsidiary, Sky Gate Hospitality, has finalized a deal to sell its entire 51% stake in Peanutbutter and Jelly Private Limited—owner of the ‘Get-A-Way’ brand—to Heritage Foods for Rs 9 crore. Following completion by January 31, 2026, Peanutbutter will cease to be a step-down subsidiary of Devyani International.

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