India: Adani Logistics take stake Snowman Logistics

Ahmedabad, Gujarat, India: Adani Logistics, a subsidiary of Adani Ports, has signed definitive agreements to acquire a 40.25% stake in Snowman Logistics from Gateway Distriparks.

Snowman Logistics provides temperature controlled logistics services, including transport and warehousing of food.

Adani Logistics is a pan-Indian integrated logistics service provider.

Khaitan & Co advised Gateway Distriparks in the deal.

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