FIT 3PL warehousing Private Limited, a wholly owned subsidiary of TVS Supply Chains Solutions Limited, has been allotted Equity shares of Swamy & Sons 3PL Private Limited.
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TVS Supply Chain Solutions' wholly owned subsidiary FIT 3PL Warehousing has invested Rs. 59.56 crore in Swamy & Sons 3PL Private Limited to acquire 100% of its share capital through a combination of primary and secondary acquisition. FIT 3PL currently holds 80% after Tranche 1 (40,000 equity shares allotted). The remaining 20% will be acquired by September 30, 2027. The target entity is a newly incorporated company formed by Hyderabad-based Swamy Sons Group to consolidate their 3PL and warehousing business undertakings. The acquired Business Undertakings reported turnover of Rs. 207.1 crore in FY 2024-25. This acquisition aims to expand TVS Supply Chain's capabilities in the FMCG and FMCD logistics segments.
This acquisition strengthens TVS Supply Chain Solutions' position in the 3PL warehousing space for FMCG/FMCD sectors and is expected to drive revenue and profit growth. The all-cash deal with staggered completion provides moderate positive sentiment for shareholders.