TVS Logistics Services has received funding from Kohlberg Kravis Roberts (KKR) and Goldman Sachs. The two global investment firms invested a total of about US$50 million.
The funds will be used to support the expansion of the company’s logistics business. This is the second time TVS Logistics has received private equity funding. In 2008, Goldman Sachs provided an initial investment in the company.
Sanjeev Mehra, a managing director at Goldman Sachs and a director at TVS Logistics, said: “Since our initial investment in 2008, TVS Logistics has demonstrated strong growth and successfully expanded across the globe, acquiring new commercial capabilities and establishing footprints in key geographies to extend its reach throughout North America, Europe and Asia.”
You must be a
subscribersubscribersubscribersubscriber
to read this content, please
subscribesubscribesubscribesubscribe
today.
For group subscribers, please click here to access.
Interested in group subscription? Please contact us.
你需要登录去解锁本文内容。欢迎注册账号。如果想阅读月刊所有文章，欢迎成为我们的订阅会员成为我们的订阅会员。
