AVG Logistics Limited has recently informed exchanges about its decision to acquire a significant stake in Kaizen Logistics. This strategic move positions AVG to strengthen its foothold in India’s competitive logistics sector.
As per the exchange filing, Kaizen Logistics, led by industry veteran Sumit Garg, is a trusted partner for top-tier companies like Vedanta Group, Aditya Birla Group, RIL, Hindustan Coca-Cola and many others. Established in 2020, the company offers services including road transportation, multimodal logistics, and warehousing, serving key industries like FMCG, beverages, metals, and industrial chemicals.
This acquisition will enable AVG Logistics to enhance operational efficiency, expand service offerings, and broaden its customer base. The combined expertise of both entities will unlock synergies, creating robust and integrated logistics solutions for marquee clients.
With Garg’s 20 years of logistics expertise, including building a previous company to a turnover of ₹300 crore, Kaizen Logistics brings invaluable industry knowledge to the partnership. This collaboration is expected to generate long-term value for shareholders, employees, and stakeholders.
The deal, slated for completion in Q4 FY2024-25, marks a significant milestone in AVG Logistics’ strategic growth journey. By leveraging Kaizen’s strengths, AVG Logistics is set to bolster its operational capabilities and cement its leadership in the logistics sector.
