Stellar Value Chain acquires Patel Roadways Business

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Stellar Value Chain Solutions Pvt Ltd, an Indian third-party logistics services company, on Thursday announced the 100% acquisition of ‘Patel Roadways’ business, the surface transportation arm of Patel Integrated Logistics Ltd. Innovative Logistics Services Pvt Ltd, a 100% subsidiary of Stellar will acquire Patel Roadways division of PILL including Express, Less-than-truck-load (LTL) and Full-truck-load (FTL) segments by way of slump sale in an all cash deal.

Daily Pioneer
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