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SUJÁN Plans to More Than Double Portfolio Beyond Zambia
SUJÁN is a hospitality company that runs luxury nature stays.
It bought two camps called Chiawa Camp and Old Mondoro.
The camps are in Zambia’s Lower Zambezi National Park.
The seller was a company called Chiawa Safaris.
The price was not announced.
This is SUJÁN’s first major expansion outside India.
The company says it wants to grow its collection to more than twice its current size in four years.
It plans to choose new properties that fit its conservation and hospitality values.
SUJÁN announced the acquisition of Chiawa Camp and Old Mondoro in Zambia.
The properties were acquired from Africa-based Chiawa Safaris for an undisclosed amount.
The deal marks SUJÁN’s first major international expansion outside India.
The camps are located in Zambia’s Lower Zambezi National Park.
SUJÁN aims to more than double its portfolio within four years through selective expansion aligned with its conservation and hospitality values.
- Who
- SUJÁN acquired Chiawa Camp and Old Mondoro from Chiawa Safaris.
- What
- The hospitality firm announced the acquisition of the two camps for an undisclosed amount.
- Where
- The camps are in Zambia’s Lower Zambezi National Park.
- When
- The acquisition was announced on Monday, with SUJÁN setting a four-year portfolio-growth target.
- Why
- SUJÁN said its future expansion will be selective and aligned with its conservation and hospitality values.
Key facts
- Acquirer
- SUJÁN
- Acquired properties
- Chiawa Camp and Old Mondoro
- Seller
- Africa-based Chiawa Safaris
- Purchase price
- Undisclosed
- Location
- Lower Zambezi National Park, Zambia
- Expansion significance
- SUJÁN’s first major international expansion outside India
- Growth target
- More than double the portfolio within four years
Sources
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