TVS Supply Chain Solutions Limited (TVS SCS) has announced a strategic acquisition through its wholly owned subsidiary, FIT 3PL Warehousing Private Limited, to acquire 100% of Swamy & Sons 3PL Private Limited (S&S3PL). The transaction, valued at an enterprise value of ₹88 crore, is structured in two tranches. Tranche 1, expected to be completed by May 28, 2026, involves FIT 3PL subscribing to equity shares for ₹70.4 crore, acquiring an 80% stake in S&S3PL. The second tranche, scheduled for completion by September 30, 2027, will involve a secondary acquisition of the remaining equity for ₹17.6 crore, bringing FIT 3PL's ownership to 100%. S&S3PL, headquartered in Hyderabad, specializes in Third Party Logistics (3PL) and warehousing, with a strong presence in Andhra Pradesh and Telangana. For FY25, S&S3PL reported a turnover of ₹207.1 crore and a Profit Before Tax (PBT) of 3.2%. This acquisition aims to expand TVS SCS's capabilities in the FMCG and FMCD sectors, enhance its regional execution capabilities, and improve revenue and profit growth through operating synergies. K Sukumar, CEO – TVS SCS India, Middle East & Africa, stated that the acquisition strengthens their high-performance supply chain platform in India, leveraging S&S3PL's expertise and geographic reach. Arun Swamy, Promoter of Swamy & Sons, expressed excitement about S&S3PL becoming part of TVS SCS, providing customers and employees with the scale and systems of a leading global organization.
