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AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations

AVG Logistics acquires over 50 cold chain vehicles to strengthen fleet operations

Published on: Dec 20, 2023, 11:50:11 IST
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The cold chain vehicles have been acquired from global multinational companies, among others.

HT Image
HT Image

"We acquired this fleet of 50 vehicles after detailed due diligence and assessment of vehicle quality, condition, wear & tear... This greatly enhances AVG's ability to service recently signed a long-term contract with India's largest MNC FMCG Company, both on the dry and frozen goods side," company's Managing Director and CEO Sanjay Gupta said in a filing to BSE.

This acquisition takes the company's total cold chain fleet strength to 275.

AVG Logistics provides customised and technology-driven solutions across warehousing, distribution, and supply chain management.

 
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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