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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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