M+R Spedag Group of Switzerland acquires Chennai based PL Shipping &...
Swiss firm, M+R Spedag Group reported that it had acquired a stake in Indian firm PL Shipping & Logistics Private Ltd. M+R Spedag Group is a leading logistics and transportation services provider...
View ArticleFedEx to acquire the logistics, distribution and express businesses of AFL...
FedEx reported that its FedEx Express business is to acquire the Mumbai based AFL Pvt Ltd’s and its affiliate Unifreight India Pvt Ltd’s logistics, distribution and express businesses. The US based...
View ArticleTanglin Retail Realty Developments Pvt. Ltd acquires majority control of...
Coffee Day Resorts Pvt Ltd’s unit, Tanglin Retail Realty Development Ltd Tuesday reported it had acquired majority control of Sical Logistics from its promoter Ashwin C. Muthiah. Under the takeover...
View ArticleSMIT Salvage acquires two ship salvage contracts in India
SMIT Salvage, a wholly owned subsidiary of Royal Boskalis Westminster N.V., announced Monday it had acquired two ship salvage contracts in India. The combined value of the contracts is approximately €...
View ArticleAshmore Alchemy invests $10 million in Bangalore based Siesta Logistics...
Ashmore Alchemy reported it had invested $10 million in Bangalore-based Siesta Logistics Corporation Limited (SLCL) for a minority stake. Ashmore Alchemy is a Private Equity firm. The firm reiterated...
View ArticleInfrastructure India Plc to acquire 99.99% stake in Vikram Logistic and...
Infrastructure India Plc is investing in Logistic & Maritime Services Pvt Ltd (VLMS), for a 99.99% stake. Logistic & Maritime Services Pvt Ltd develops and operates transportation and container...
View ArticleWarburg Pincus affiliate makes US$100 million investment in India’s NDR Group
Global private equity firm, Warburg Pincus, is to make an investment of US$100 million in India’s leading logistics company, the NDR Group. The transaction amount will see Warburg Pincus acquire a...
View ArticleAqua Logistics Ltd to buy 70 per cent stake in Nikkos Logistics Pvt Ltd
Aqua Logistics Ltd is to buy 70 per cent stake in Bangalore-based Nikkos Logistics Pvt Ltd. Nikkos Logistics offers diversified logistics services including supply chain management service, reported...
View ArticleVopak acquires India’s bulk liquid storage terminal in the Port of Kandla
Vopak has entered the fast growing Indian market through the acquisition of 100% of the shares in CRL Terminals Pvt. Ltd in the Port of Kandla from a domestic operator. The terminal is one of India’s...
View ArticleMatrix Enports Holdings Private Limited has sold 40% stake in Vanpic Ports...
Nimmagadda Prasad’s Matrix Enports Holdings Private Limited has sold 40% stake in Vanpic Ports Private Limited to the Navayuga Group, reported the Business Standard. Vanpic Ports was developed jointly...
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