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Mahindra Logistics acquires entire stake in Meru Travel Solutions

18 May 2022 Evaluate

Mahindra Logistics has acquired entire paid-up share capital of Meru Travel Solutions (MTSPL) from Mahindra & Mahindra (M&M). Consequently, MTSPL has become a wholly-owned subsidiary of the Company with effect from May 17, 2022. MTSPL would continue to remain subsidiary of M&M.

Mahindra Logistics provides logistics solutions, warehousing facilities, freight forwarding and supply chain management services. It also provides people transport solutions, a specialised line of business which helps corporate clients move employees to and from the workplace.

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