M&A

M&A

TVS Supply Chain Solutions acquires Swamy and Sons 3PL for Rs.88-Cr

BSE Announcement   Economic Times  

Chennai-based FIT 3PL Warehousing, a wholly-owned subsidiary of TVS Supply Chain Solutions, has acquired Hyderabad-based Swamy and Sons 3PL for INR 88 crore. The transaction was financed through internal accruals.Swamy and Sons 3PL specializes in FMCG (fast-moving consumer goods) supply chains and has operated in Telangana and Andhra Pradesh for over 35 years. In FY25, the company reported a revenue of INR 207 crore with a profit before tax margin of 3.2%.