Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
investment 2016-03-28

Skin Care giant Kaya Ltd increases 85% stake in Abu Dhabi-based Iris Medical Centre LLC

Kaya, which has entered into Middle East in 2004 with its first clinic in Dubai, is now operating over 21 skin clinics across UAE, Saudi Arabia, Kuwait and Oman

Skin Care giant Kaya Ltd increases 85% stake in Abu Dhabi-based Iris Medical Centre LLC

Skin care firm Kaya Ltd today said it along with a local partner has increased stake in Abu Dhabi-based Iris Medical Centre LLC to 85 per cent by acquiring 10 per cent additional stake for an undisclosed sum.

"Kaya Middle East DMCC, a foreign subsidiary of Kaya Ltd along with its local partner, has additionally acquired 10 per cent of beneficial interest in Iris Medical Centre LLC at Abu Dhabi (IRIS) through MoA and Assignment of shares of IRIS on March 24, 2016," Kaya informed the BSE.

It further said: "Thus, Kaya Middle East DMCC now holds 85 per cent beneficial interest in IRIS". Last year, Kaya had announced that it would acquire 75 per cent stake in Iris Medical Centre LLC, which carries out business of skincare services and operates one clinic in Abu Dhabi, in partnership with a local firm for an undisclosed sum.

Kaya, which has entered into Middle East in 2004 with its first clinic in Dubai, is now operating over 21 skin clinics across UAE, Saudi Arabia, Kuwait and Oman. In India, it operates more than 100 skin clinics and over 100 Kaya Skin Bars across 27 cities.
 

Comment
image
image
image
image
Related opportunities
  • Quick Service Restaurants
    About Chaat Adda: Chaat Adda is a unique concept where we..
    Locations looking for expansion Madhya pradesh
    Establishment year 2014
    Franchising Launch Date 2014
    Investment size Rs. 5lac - 10lac
    Space required 150
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya pradesh
  • Quick Service Restaurants
    About: Starting out in 2013 with its first Pizza store in..
    Locations looking for expansion Gujarat
    Establishment year 2013
    Franchising Launch Date 2018
    Investment size Rs. 30lac - 50lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Ahmedabad Gujarat
  • About Us:  TBSE" aspires to expand its presence in the PBCL..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 4000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • TV Channel/Network
    About Us:  A golden opportunity to join the most trusted business..
    Locations looking for expansion Uttar pradesh
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10000 - 50 K
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Noida Uttar pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities
More Stories

Free Advice - Ask Our Experts