BLS International Acquires Majority Stake in SLW Media

BLS International has acquired 51% of SLW Media, a sports management company. The acquisition, valued at Rs 80.24 lakh, aims to integrate golf events with BLS's global visa and travel services. BLS International sees this as a strategic move to enhance its global presence and brand equity.

Visa processing and consular services provider BLS International announced on Saturday its acquisition of a 51 per cent stake in SLW Media, a sports management company, for Rs 80.24 lakh.

The definitive share purchase agreement furthers BLS International's goal of integrating golf event management seamlessly with its visa and travel services in over 66 countries, the company stated.

SLW Media, with over two decades of expertise in the golf industry, adds significant value to BLS International's portfolio.

'With this acquisition, we are making a transformative leap in our brand equity,' Shikhar Aggarwal, Joint Managing Director of BLS International, commented. 'This partnership elevates our global presence and strategically positions us on the world stage. Our unified approach underscores our dedication to innovation and excellence, setting a new benchmark for success in international markets.'

(With inputs from agencies.)