TVS Logistics acquires Rico Logistics of the UK

Chennai, February 21, 2013: In line with reaching its target of achieving a $1 billion turnover by 2015, TVS Logistics Services has acquired the UK-based Rico Logistics for Rs 100 crore.

21 Feb 2013 | 11463 Views | By Autocar Pro News Desk

Chennai, February 21, 2013: In line with reaching its target of achieving a $1 billion turnover by 2015, TVS Logistics Services has acquired the UK-based Rico Logistics for Rs 100 crore. The acquisition helps TVS Supply Chain Solutions (TVS Logistics’ European wing) add key capabilities like ‘last-mile rapid response’ and ...

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