Easy Trip Planners Ltd. has announced plans to invest INR 60 crore in Rollins International Private Ltd., a company specializing in wellness and healthcare products.
Through this acquisition, Easy Trip will acquire a 30% equity stake in Rollins via a share swap arrangement. The move is seen as a strategic effort to diversify Easy Trip’s business portfolio. The transaction is expected to be completed within the next 3-4 months, pending regulatory approvals. Once completed, Rollins will become an associate of Easy Trip Planners.
This acquisition will provide Easy Trip with an opportunity to enter the growing wellness sector, expanding beyond its core business of travel services. Rollins is known for its gluten and lactose-free food products and allergen-free health supplements, marking a significant step for Easy Trip in the wellness space.
More updates will follow as the deal progresses.
