M&A Deal Summary

Zee Entertainment Enterprises Acquires Fly-By-Wire International Pvt.

On March 15, 2016, Zee Entertainment Enterprises acquired airliner Fly-By-Wire International Pvt. for 9M USD

Acquisition Highlights
  • This is Zee Entertainment Enterprises’ 1st transaction in the Airlines sector.
  • This is Zee Entertainment Enterprises’ largest (disclosed) transaction.
  • This is Zee Entertainment Enterprises’ 3rd transaction in India.

M&A Deal Summary

Date 2016-03-15
Target Fly-By-Wire International Pvt.
Sector Airlines
Buyer(s) Zee Entertainment Enterprises
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

Fly-By-Wire International Pvt.

Bengaluru, India
Fly-By-Wire International Pvt. Ltd. is a provider of aircraft charter services. It owns and operates one Bombardier Challenger 605 aircraft.

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Buyer(S) 1

Buyer

Zee Entertainment Enterprises

Mumbai, India

Category Company
Founded 1982
Sector Media
Employees2,486
Revenue 82.9B INR (2025)
DESCRIPTION

Zee Entertainment Enterprises is a television, media and entertainment companies. Zee Entertainment Enterprises is based in Mumbai, Maharashtra.


DEAL STATS #
Overall 3 of 3
Sector: Airlines M&A 1 of 1
Type: Add-on Acquisition M&A Deals 3 of 3
Country: India M&A 3 of 3
Year: 2016 M&A 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-15 Sarthak Entertainment Pvt

Cuttack, India

Sarthak Entertainment Pvt Ltd. is a regional GEC in Odisha, producing highly popular content ranging from serials, reality shows, other non-fiction shows and films. It is Odisha's favourite TV channel touching the lives of the rural and urban, young and old, in every corner of Odisha. It reaches nearly 5 million people every week.

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