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Author lbostgadmin | Posted on March 30, 2007 | Banking and Finance

March 20, 2007 (LBO) –John Keells Holdings has sold its restaurant business in Sri Lanka to a regional franchise holder for an undisclosed sum, the company said Friday. JKH said Keells Restaurants (Private) Limited and Crescat Restaurants (Private)
Limited which held the franchises for Pizza Hut and Delifrance in Sri Lanka were sold to Gamma Pizzakraft Overseas (Private) Limited.

The parent company of Gamma Pizzakraft has the franchise for Pizza Huts in the national capital region of Delhi in India, JKH said.

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Akash
Akash
2 years ago

It’s surprising to see this article and it’s thorough. I’ve been searching about this divestment of John Keells to Gamma Pizzakraft recently. Thank you.

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