East West Holdings (EWHL) has entered into Share Purchase Agreement (SPA) with Marinetrans Logistics, wholly-owned subsidiary of Marinetrans India, for acquiring 100% stake in Marinetrans Logistics on the terms and conditions as specified in the Share Purchase Agreement. On the completion of the acquisition, EWHL is expected to add 15000 container capacity and this will result in increase in revenue of the company up to Rs 120 crore approximately.
East West Holdings (EWHL) is engaged in providing total logistic solution through its Wholly Owned Subsidiary (WOS) East West Freight Carriers (EWFCL) established in 1976 and has presence in the Indian Freight Forwarding & Logistics space for more than 40 years.
