India, Feb. 2 -- Transworld Shipping Lines Limited has completed the acquisition of a 100 per cent equity stake in Transworld Integrated Logistek Private Limited (TILPL) and Transworld Logistics Private Limited (TLPL), making both companies wholly owned subsidiaries.
The company said the move strengthens its position as a comprehensive, end-to-end logistics solutions provider and aligns with its long-term strategy of expansion and value creation.
Through the acquisition, Transworld aims to accelerate revenue growth, diversify service offerings, and expand into emerging markets and key trade corridors. The integration is also expected to enhance its global network, improve service capabilities, and provide customers with seamless, integrat...