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Mergers & Acquisitions | 29 April 2011

SBS Holdings Buys 80% In Atlas Logistics For Rs 150 Cr

by Deeshesh Chheda
SBS Holdings Buys 80% In Atlas Logistics For Rs 150 Cr
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Japan-based logistics firm, SBS Holdings is buying 80% stake in Bangalore-based Atlas Logistics Pvt Ltd, for around Rs.150 Cr.

With this deal, SBS Holdings has got into the freight forwarding business in India.

Kotak Investment advised SBS Holdings while KPMG advised Atlas Logistics on the deal.

Transaction Reference: Economic Times


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