Merger News Update: First big deal of 2026! KFC, Pizza Hut now under one roof, Sapphire Foods to merge with Devyani International – Market

Sapphire Foods-Devyani International Merger: Sapphire Foods India Limited and Devyani International Limited announced a major merger on Thursday, January 1, 2026, the first day of the new year. According to a stock exchange filing, the plan of arrangement for merger of Sapphire Foods with Devyani has been approved by the company’s board. The deal brings together KFC, Pizza Hut and Yum! Brand chains will come under one roof.

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