Leading spa chain O2 Spa announces the acquisition of Zazen Spa, a chain operating in the western part of India. This acquisition comes in the backdrop of O2 Spa’s $15 million expansion plan that seeks to add about 30 outlets in tier 1 and 60 outlets in tier II cities in India and over 50 outlets abroad. This Hyderabad-based operator of chain of spas is working to set up 150 outlets across 30 cities from their current presence of 60 centres in 17 cities. With this acquisition, 18 outlets of Zazen will become a part of O2 Spa located in hotels, resorts and standalone formats. Mega expansion plan of O2 Spa is creating a fresh business opportunity for the signage companies engaging in in-shop designs, graphics and such tasks.
