Kamigumi to acquire a 51% stake in Saurahstra from FIH Mauritius Investments for $75m.

Kamigumi, a company which provides an integrated logistics services, agreed to acquire a 51% stake in Saurahstra, a company which provides both terminal and NVOCC services, from FIH Mauritius Investments, a holding company, for $75m. “Various industries in the Indian market are attracting worldwide attention today, and the market is expected to continue further growth in the future. Projecting a sustained boom in logistics demand in India, the Kamigumi Group is seeking to create business opportunities through international intermodal transportation and collaboration with local subsidiaries in neighbouring countries,” Kamigumi Co.