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Dreamfolks expands its offerings with acquisition of leading golf provider Vidsur Golf

Posted On : 2023-03-02 13:51:13( TIMEZONE : IST )

Dreamfolks expands its offerings with acquisition of leading golf provider Vidsur Golf

Dreamfolks, the largest airport service aggregator in India, has announced its acquisition of Vidsur Golf, a leading provider of golf privileges in the country. This strategic move is a testament to DreamFolks' commitment to offering travellers unparalleled luxury experiences globally. With this acquisition Dreamfolks has tactically expanded their ancillary services and diversified its portfolio of value added services.

Dream Folks has made its inaugural acquisition by acquiring the top golf provider Vidsur Golf. As a global airport lounge and airport service aggregator, DreamFolks intends to expand its dominant presence globally through this strategic move. Vidsur Golf has earned a solid reputation for providing high-quality golfing experiences to its patrons, boasting a network of over 180o+ golf courses worldwide. This acquisition will allow DreamFolks to utilise Vidsur Golfs expertise and offer a selection of exclusive golfing privileges to its clients.

Speaking about the acquisition, Ms. liberatha Katlat, Chairperson & Managing Director, DreamFolks Services Ltd., commented, "I'm thrilled to announce DreamFolks' acquisition of Vidsur Golf This reinforces our commitment to delivering unparalleled premium experiences, and enhancing our position as the largest airport service aggregator in India. With this acquisition, DreamFolks embarks on yet another journey of growth & innovation and looks forward to utilizing Vidsur Golfs expertise to offer our clients exclusive access to the finest golf courses and clubs in the region and elevating the end-users' leisure experiences to newer heights."

This acquisition of Vidsur Golf is an important strategic move for DreamFolks, and in line with its vision to become a comprehensive solution provider for value added services offered to clients that enhances their end-users travel & leisure experience.

Sharing details about the acquisition, Sammerjit Raikhy, Founder and Director of Vidsur Golf Pvt Ltd said, "We are thrilled to announce that Vidsur golf is now a part of the ever-expanding DreamFolks value proposition. This acquisition represents an exciting new chapter for our company and our clients. With Dream Folks' extensive network and resources, we look forward to expanding our reach and delivering even more value to golf enthusiasts across India. We are confident that this partnership will enable us to accelerate our growth and achieve even greater success in the years ahead."

Shares of Dreamfolks Services Limited was last trading in BSE at Rs. 436.45 as compared to the previous close of Rs. 435.50. The total number of shares traded during the day was 16110 in over 1307 trades.

The stock hit an intraday high of Rs. 441.95 and intraday low of 432.95. The net turnover during the day was Rs. 7031515.00.

Source : Equity Bulls


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