Adani Acquires Dependencia Logistics

  Published 8 months ago

Adani Ports buys Dependencia for Rs 37.77 crore, expanding logistics capabilities across India's growing market and reach.

  • Dependencia, incorporated in February 2022, provides transportation logistics services but has not started operations yet.
  • Acquisition cost Rs 37.77 crore, reflecting APSEZ's strategy to strengthen its logistics portfolio in the Indian market.
  • APSEZ, India's largest private port operator, aims to develop Dependencia's logistics business for future growth.

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