India: TVS Logistics buys majority stake in Australia’s Transtar for $31m

India: TVS Logistics buys majority stake in Australia’s Transtar for $31m

Visual from TVS Logistics

TVS Logistics Services Ltd said on Thursday that it had bought a majority stake in Melbourne-based logistics company Transtar for $31 million (Rs.200 crore) to boost its presence in the Asia-Pacific region and in the freight forwarding services market.

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