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Announced

Canada Pension Plan Investment Board has invested $115m in Delhivery.

Financials

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Transaction Value£94m
Consideration Type-
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Third Party Logistics (3PL)

Third Party Logistics

India

Completed

Acquisition

Natural

Private

Single Bidder

Private Equity

Synopsis

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Canada Pension Plan Investment Board has invested $115m in Delhivery, one of India's leading third-party logistics providers. "The continued strong growth of e-commerce has generated significant opportunities in India's express logistics space for long-term investors such as CPPIB, and we are pleased to partner with a market leader. This investment in Delhivery builds on our Fundamental Equities Asia group's strategy to provide strategic capital to high-quality companies in the region," Deborah Orida, Senior Managing Director and Global Head of Active Equities.

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