TVS Supply Chain Solutions Acquires Swamy & Sons 3PL for INR 88 Crore to Strengthen FMCG Supply Chain Leadership in India
TVS Supply Chain Solutions Limited (TVS SCS) announced the strategic acquisition of a Hyderabad-based 3PL company, 'Swamy & Sons 3PL' (S&S3PL), for an enterprise value of INR 88 crore. The acquisition is done through TVS SCS’ wholly owned subsidiary, FIT 3PL, and will be funded through internal accruals. S&S3PL registered an annual revenue of INR 207 crore for FY25 and a Profit Before Tax (PBT) of 3.2%. This acquisition strengthens TVS SCS’ position as a key solution provider in the FMCG and FMCD segments, adding to its national scale and enhancing sectoral coverage and regional execution capabilities in critical consumption-led markets. It also improves revenue growth prospects and margin profile through operating synergies and scale leveraging TVS SCS’ 20 million sq. ft. warehousing space.
Key Highlights
- Acquisition of Swamy & Sons 3PL for INR 88 crore
- Strategic step in TVS SCS’ journey to strengthen high-performance supply chain platform in India
- S&S3PL’s deep expertise in FMCG supply chains and strong geographic reach enhances TVS SCS’ ability to serve large customers
- Positions TVS SCS to be among the top warehousing 3PL service providers in India
- Improves revenue growth prospects and margin profile through operating synergies and scale leveraging TVS SCS’ 20 million sq. ft. warehousing space