Gateway Distriparks (GDL) has executed Share Sale Agreement (SSA) with Nichirei Logistics Corporation (Nichirei) to acquire Nichirei's stake of about 6% (7.4 Million shares) in Snowman Logistics (SLL) for about Rs 25.90 crore. Post the acquisition, GDL's holding in SLL will increase to about 54%.
Gateway Distriparks is engaged in the business of warehousing, container freight stations, providing handling and clearance of sea borne export-import trade in containerized form. The company operates CFS located at Dronagiri, Navi Mumbai, New Manali, Chennai, Vishakapatnam and Inland Container Depot at Garhi Harsaru (near Delhi) and Haryana.
| Company Name | CMP |
|---|---|
| Allcargo Logistics | 9.85 |
| TVS Supply Chain Sol | 125.25 |
| Container Corp | 535.00 |
| Delhivery | 478.95 |
| Mahindra Logistics | 397.80 |
| View more.. | |
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