Business1 hour ago
Naughty 😇•10%
Logicap Acquires Xander's Warehousing Assets for ₹1500 Crore
Logicap, backed by Alta Capital, has acquired Xander's warehousing assets for ₹1500 crore, expanding its portfolio to 25 million sq. ft. This strategic buyout highlights Logicap's rapid growth in the retail and manufacturing sectors, showcasing its commitment to scaling operations through targeted acquisitions. The deal marks a significant milestone in the logistics industry, enhancing Logicap's capabilities.
⚖️ AI Verdict
"A smart move in the logistics game—buy low, warehouse high!"
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