Brainbees Solutions Limited announced that its material subsidiary, Globalbees Brands Private Limited, has acquired the remaining stake in Dynamic IT Solution Private Limited, a step-down subsidiary. This transaction increases Globalbees’ shareholding in Dynamic IT from 89.91% to 100%. The acquisition is strategic, focusing on the ‘Strauss’ brand, which is sold through multiple Globalbees subsidiaries, aiming to consolidate control and optimize revenue recognition for fitness equipment and sports products.
Brainbees Subsidiary Completes Full Acquisition
Brainbees Solutions Limited has disclosed that its material subsidiary, Globalbees Brands Private Limited, has successfully acquired the remaining shareholding in Dynamic IT Solution Private Limited. This step-down subsidiary is now fully owned by Globalbees, with the latter’s shareholding increasing from 89.91% to 100%. The transaction, completed on November 13, 2026, involved acquiring an additional 10.09% stake for a total consideration of INR 1.02 Crore.
Strategic Focus on Strauss Brand
Dynamic IT Solution Private Limited, incorporated in 2002, operates in the fitness equipment and sports products sector under the well-recognized brand name “Strauss”. The acquisition is seen as a strategic move to consolidate the ownership and management of this brand. While Strauss products are sold through various Globalbees subsidiaries, the revenue is currently recognized within those entities. The combined turnover for the “Strauss” brand across all subsidiaries exceeded INR 23.14 Crores in the financial year 2024-25.
Financials and Outlook
The target entity, Dynamic IT Solution Private Limited, reported a turnover of INR 11.92 Crores for the financial year 2024-25 and INR 27.4 Crores for 2023-24. Its latest reported net worth stands at INR 0.36 Crores as of FY 2025-26. The acquisition is conducted at arm’s length, with no direct interest from the promoter/promoter group or group companies beyond existing shareholding and common directorships.
Source: BSE
