AVG Logistics Completes Acquisition of Major Stake in Kaizen Logistics

AVG Logistics Limited has successfully completed the acquisition of a major stake in Kaizen Logistics, marking a significant milestone in its strategic expansion plans. This acquisition is expected to create operational synergies, enhancing both companies' capabilities in the competitive logistics market. Kaizen Logistics, founded by Sumit Garg, specializes in road and multimodal transportation, warehousing, and serves prominent clients like Vedanta, Aditya Birla, and RIL.

 

The acquisition aims to expand AVG Logistics' presence in key sectors such as FMCG, metals, and industrial chemicals. It will leverage AVG's expertise in road and rail transportation, cold chain, and warehousing, alongside Kaizen's strong presence in industrial sectors. This integration will provide enhanced logistics capabilities and an expanded customer base, offering more robust and integrated logistics infrastructure to marquee customers.

 

The deal is part of AVG Logistics' long-term growth strategy, focusing on strategic partnerships and acquisitions to strengthen its market position and create long-term value for stakeholders.

 

Sources: Tribune India, Cargo Connect, ITLN