Ceva Logistics snaps up India's Stellar Value Chain Solutions

By LoadstarEditorial

31/08/2023

Ceva Logistics announced earlier this month to have agreed to acquire 96% of Mumbai-based Stellar Value Chain Solutions from an affiliate of private equity firm Warburg Pincus and other shareholders.

“Started in 2016 by Anshuman Singh, Stellar Value Chain Solutions has grown into a key local player in contract logistics with omni-channel fulfillment services in the eCommerce, automotive, food products, consumer, fashion and retail, healthcare and pharmaceuticals market segments. Anshuman Singh will continue driving this business following the acquisition,” it said.

Ceva will consolidate about ...

Comment on this article

You must be logged in to post a comment.

Topics

Ceva Logistics Stellar Value Chain Solutions

Most read news

TPM: Forwarders need 'clout' to survive as the ocean carriers move in

Gemini schedule reliability falls below 90% target for the first time

Red Sea crisis forces Maersk to increase capacity over strategy limit

Resumption of Suez transits in doubt after return of Red Sea hostilities

Maersk in firing line over 'abandoned container' in Africa

Gemini carriers cut back loading allocations on challenging southern India trade

Forever 21 blames bankruptcy on de minimis exemption

Maersk assures shareholders arms shipments 'comply with regulations'

US port call fees would force ACL to exit transatlantic trade, says CEO

DHL sees opportunities as end of US de minimis exemption looms

SF Airlines expands, while sister Kerry Logistics is set to lose its name

FMC empowered to investigate international 'shipping chokepoints'

Ocean Alliance splits ANP service into two to ease Vancouver delays

Small businesses fearful as DOGE has USPS revamp in its sights

CMA CGM Air Cargo eyes expansion with bid for Air Belgium

Regional carriers dip their toes in growing Mexican box trade