Announced
Financials
Tags
Single Bidder
Friendly
logistics
Industrial Distribution
United Kingdom
Acquisition
Cross Border
Private
Minority
Pending
Synopsis
Exor, a holding company incorporated in the Netherlands, agreed to invest $80m in TVS Supply Chain Solutions, a firm that supplies spare parts and components to customers in the automotive, defence and utility sectors. TVS SCS will use the fund to grow its business, further strengthen its technology capability, and for other transformational initiatives. Earlier this year, Exor, through another fund managed by them, had invested in Ki Mobility Solutions – a subsidiary of TVS Automobile Solutions.
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