JV/AcquisitionAcquisition
TVS Supply Chain Solutions, via its subsidiary FIT 3PL, has acquired an 80% stake in Swamy & Sons 3PL Private Limited for ₹59.56 Cr.
TVS Supply Chain Solutions LimitedTVSSCS · Filed with the exchange
This initial investment sets the stage for a full 100% acquisition.
This strategic move significantly expands TVS SCS's business, strengthening its capabilities in Fast-Moving Consumer Goods (FMCG) and Fast-Moving Consumer Durables (FMCD) logistics.
The acquired entity adds a robust 3PL business with a FY25 turnover of ₹207.1 Cr, expected to drive revenue and profit growth for TVS SCS.
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