Stel­lar Value Chain ac­quires ma­jor­ity stake

TravTalk - India - - ACADEMY -

Stel­lar Value Chain So­lu­tions, a third-party sup­ply chain and lo­gis­tics com­pany serv­ing con­sump­tion driven sec­tors in In­dia has an­nounced the ac­qui­si­tion of a ma­jor­ity stake in Kelvin Cold Chain (Kelvin). Am­bit Pragma will re­tain a mi­nor­ity stake in Kelvin.

Com­ment­ing on the deal, Anshuman Singh, Founder, Man­ag­ing Di­rec­tor and CEO, Stel­lar Value Chain said, “We will sig­nif­i­cantly aug­ment Kelvin’s man­age­ment, im­ple­ment new tech­nol­ogy tools and raise the qual­ity of prod­uct han­dling Fol­low­ing this in­vest­ment, Stel­lar will seek to make fur­ther ac­qui­si­tions in the third-party lo­gis­tics sec­tor in In­dia.”

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