Allcargo Logistics has acquired a 65 per cent stake in Nordicon Group, a market leader in LCL (less-than-container-load) and rail consolidation segment in the Nordics region, for an undisclosed amount. The acquisition is being executed through Allcargo Belgium, a wholly-owned subsidiary of the country's largest integrated logistics solutions provider in the private sector.
Allcargo Logistics is an India-based holding Company. The company is engaged in providing integrated logistics solutions. It offers logistics services across multimodal transport operations, inland container depot, container freight station operations, contract logistics operations etc.
