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Allcargo Logistics’ arm inks pact to acquire 100% stake in Asiapac Equity Investment

04 Jan 2023 Evaluate

Allcargo Logistics’ wholly owned step down subsidiary -- AGL N.V. has entered into a share purchase agreement with Atlas Global Trading F.Z.C. (UAE) to acquire 100% stake in Asiapac Equity Investment (Hong Kong). The said acquisition of Target Entity would result in increase in business of the company in Turkey in FCL as well as LCL consolidation and contribute to future growth.

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.

Allcargo Logistics Share Price

9.58 -0.07 (-0.73%)
17-Apr-2026 16:59 View Price Chart
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