CEVA acquires Stellar Value Chain Solutions in India
CEVA Logistics has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions (Stellar VCS).
Source: seatrade-maritime.com
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Warburg Pincus scores an exit as Stellar Value Chain gets strategic buyer
Third-party logistics firm Ceva Logistics on Monday said that it has agreed to acquire a 96% stake in private equity firm Warburg Pincus-backed logistics provider Stellar ......
Source: vccircle.com
France-based CEVA Logistics to acquire controlling stake in Stellar Value Chain Solutions
France-based CEVA Logistics has signed a pact with third-party logistics firm Stellar Value Chain Solutions for acquiring a controlling stake in the company, a statement said on Monday. The move under which CEVA will acquire the entire stake of private equity firm Warburg Pincus will help it
Source: dailypioneer.com
Margins remain a pain point for organised FMCG supply-chain companies
Jiomart B2B is the latest among organised supply-chain companies to bite the bullet, shutting down its warehouses, and asking its employees to leave. Why are companies finding it difficult to sustain the supply-chain business? Experts point out that gross margins in supplying fast-moving consumer goods (FMCGs) are very low.
Source: rediff.com
Warburg to acquire 66% stake in Watertec, may buy the rest later
The company is jointly owned by Coimbatore-based UMS Group, Watertec Malaysia and Sri Lanka-based South Asian Investments
Source: livemint.com