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Unifeeder Acquires Feeder And Regional Trade Operators

marinesalvage by marinesalvage
November 12, 2020
in News
0
unifeeder acquisition

The Unifeeder Group, with Unifeeder ISC system, introduced the procurement of Transworld Feeders FZCO, Avana Logistek Limited, including its subsidiary Avana Global FZCO, and alsoTransworld Feeders Pvt Ltd., the containerised Indian seaside and also EXIM feeder delivery procedures of Shreyas Shipping and also Logistics Limited, leaving out vessels and also mass procedures. Avana Logistek and also Avana Global cover 60 ports, whereas Transworld Feeders and also Shreyas Shipping and also Logistics cover 53 ports.

Established in 1982, Transworld Feeders and also Avana Global are leading independent feeder and also NVOCC (Non-Vessel Operating Common Carriers) drivers, supplying container feedering solutions and also local profession options attaching a large range of ports in the Middle East, Indian Subcontinent and also Far East with a variety of main center ports in the area, consisting of the main center port of Jebel Ali (UAE). Combined, the business take care of around 1.2 m TEU each year.

“Our strength lies in our strong customer relationships, local expertise, and network across the Indian Sub-continent, which have allowed us to deliver an efficient product to the market. The acquisition of three of our portfolio companies, will provide Unifeeder ISC with a robust platform to jointly deliver a more complete range of solutions to our customers. We look forward to building on our continued legacy as a globally renowned independent shipping and logistics conglomerate,” claims Ramesh S Ramakrishnan, Chairman of the Transworld Group.

unifeeder acquisition

Image Credits: unifeeder.com

Through Transworld Feeders and also Avana Global, Unifeeder currently has a solid visibility in the direction of the west of the Indian Subcontinent and also enhance our current procurement of Feedertech and also Perma Shipping, which specifically have a solid market setting in the professions in the direction of the eastern. Through Shreyas Shipping and also Avana Logistek, Unifeeder currently has the capacity to use a wider variety of Indian based door-to-door options.

“We are excited to be united with a company that shares our values. Transworld Group’s asset-light business model and continuous goal to be the preferred business partner for logistics solutions is in perfect line with the Unifeeder way of working. Both Unifeeder Group and Transworld Group have always aimed for the best solutions for our customers, and with this expansion, we will increase the logistics capabilities of both groups, which delivers greater flexibility and efficiency for our customers,” claims Jesper Kristensen, Chief Executive Officer of Unifeeder Group.

The bargain is anticipated to enclose 2020.

Reference: unifeeder.com

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