With this deal, ABNAH has added seven restaurants to its portfolio across three cities. Credit: Olga Klochanko via Shutterstock.com.

Aditya Birla New Age Hospitality (ABNAH), the hospitality arm of India-based Aditya Birla Group, has acquired a 100% stake in KA Hospitality.

With the acquisition of KA hospitality, ABNAH has added Hakkasan, Yauatcha, Nara Thai and CinCin restaurant brands to its portfolio.

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Hakkasan is a Michelin-starred restaurant brand that offers Cantonese food. Yauatcha is a dim sum teahouse in London.

Nara Thai offers Thai cuisine. CinCin is an Italian brand designed to reflect the vibe and culture of the Italian “La Dolce Vita” lifestyle.

With this acquisition, ABNAH has added seven restaurants to its portfolio.

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The companies have not disclosed the financial terms of the deal.

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Aditya Birla Management Corporation director and ABNAH founder Aryaman Vikram Birla said: “We continue to believe in the remarkable potential of the premium casual dining space, spurred by rising disposable income and evolving lifestyles of the Indian consumer.

“The intersection of growing affluence and the desire for new-age, high-quality dining experiences presents an incredible growth opportunity. At Aditya Birla New Age Hospitality, our vision is to create an unmatched portfolio of food and beverage brands within the country.

“And bringing the best-in-class restaurants to discerning diners is a crucial step towards fulfilling that vision. Each of the four brands uniquely stands out while maintaining a steadfast commitment to delivering exceptional culinary experiences.”