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Gateway Distriparks acquires additional stake in Snowman Logistics

26 Dec 2024 Evaluate

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.


Gateway Distriparks Share Price

59.28 1.86 (3.24%)
04-May-2026 09:37 View Price Chart
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