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Home / Business and Economy / TVS SCS Acquires Hyderabad Firm for Rs 88 Cr

TVS SCS Acquires Hyderabad Firm for Rs 88 Cr

28 Jan

•

Summary

  • TVS SCS acquired Swamy & Sons 3PL for an enterprise value of Rs 88 crore.
  • The acquisition aims to strengthen TVS SCS's footprint in FMCG & FMCD sectors.
  • Swamy & Sons 3PL has a strong presence in Andhra Pradesh and Telangana.
TVS SCS Acquires Hyderabad Firm for Rs 88 Cr

TVS Supply Chain Solutions (TVS SCS) has announced the strategic acquisition of Swamy & Sons 3PL (S&S3PL), a Hyderabad-based third-party logistics provider. The transaction was executed through TVS SCS's wholly owned subsidiary, FIT 3PL, for an enterprise value of Rs 88 crore.

This acquisition is poised to enhance TVS SCS's operational capabilities and customer base, particularly within the FMCG and FMCD industries. S&S3PL brings a well-established market presence and strong relationships with marquee clients, complemented by a significant operational footprint across Andhra Pradesh and Telangana.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
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The enterprise value of the acquisition of Swamy & Sons 3PL by TVS SCS was Rs 88 crore.
The acquisition of Swamy & Sons 3PL will bolster TVS SCS's presence in the FMCG and FMCD sectors.
Swamy & Sons 3PL has a strong presence in Andhra Pradesh and Telangana.

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