Bangalore-based logistics major, DTDC Courier and Cargo has acquired 53% stake in UAE-based Eurostar Express for an undisclosed amount. Eurostar group will continue to hold 33% in Eurostar Express. The acquisition will enable the company access to the robust infrastructure and quality delivery capabilities in Dubai and Abu Dhabi. Anil Ambani's Reliance Capital holds 44% stake in DTDC.
DTDC will get an opportunity to combine its strength with Eurostar and penetrate and consolidate its presence all over the West Asia, including GCC and MENA areas, more comprehensively with this acquisition.
Now with this acquisition DTDC’s UAE network has a team of 100-odd professionals and a fleet of about 60 vehicles. The organisation will offer same day delivery, pick-up and return services all over the UAE for vital shipments.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: