Allcargo Logistics’ wholly owned subsidiary -- ECU Worldwide N.V. has acquired balance 25% stake in Fair Trade for a consideration of EUR 2.9 million paid on May 21, 2024. Pursuant to the acquisition, ECU Worldwide N.V. now holds 100% stake in Fair Trade. The acquisition is completed on May 21, 2024.
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.