Gateway Distriparks (GDL) has acquired a further 16,65,284 equity shares of Snowman Logistics on December 23, 2024. With this, the current shareholding of GDL in Snowman Logistics now stands at 50.01%. Accordingly, Snowman Logistics has become a subsidiary company of GDL
The object of acquisition of the company is a strategic investment and both GDL and Snowman Logistics are in the same line of business, i.e. logistics.
Gateway Distriparks (formerly Gateway Rail Freight) is engaged in providing inter-modal logistics services.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.70 |
| TVS Supply Chain Sol | 114.90 |
| Container Corp | 516.90 |
| Delhivery | 469.80 |
| Mahindra Logistics | 412.95 |
| View more.. | |
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