Adani Ports forays into cold chain logistics, acquires 40.25% stake in Snowman Logistics

The business made the acquisition through its wholly-owned subsidiary, Adani Logistics. The company said that the acquisition in line with Adani Logistics’ strategy to move from port gate to customer gate. Commenting on the advancement, Karan Adani, Chief Executive Officer and Whole Time Director of APSEZ said, “We are thrilled today to announce the acquisition of Snowman Logistics Ltd.

The company made the acquisition through its wholly-owned subsidiary, Adani Logistics. The company stated that the acquisition in line with Adani Logistics’ strategy to move from port gate to client gate. Commenting on the advancement, Karan Adani, Chief Executive Officer and Whole Time Director of APSEZ stated, “We are delighted today to reveal the acquisition of Snowman Logistics Ltd.