Om Logistics Limited Acquires Transafe Services Limited

Om Logistics Limited has acquired Transafe Services Limited, a group company of Balmer, Lawrie & Co. Ltd., with interests in manufacturing, logistics and leasing. Transafe started its journey through, leasing of various types of containers for road and rail transportation of goods. Consolidating, it organically forayed into the business of customized container manufacturing and logistics services. The company manufactures various type of containers i.e., tank containers, Reefer containers, ISO DVC’s – 20/40, Bunk houses, E-houses etc for multiple industry applications.

Om Logistics Limited, an innovative and future ready supply chain company has for long believed in expanding the purview of logistics in India. The accession of Transafe is a step towards achieving the same. With its three decades of experience in the field, Om Logistics is a full-service Supply chain management company, with an annual turnover of 1500 cr, spread over 2000 locations spanning 85 countries, over 20 million square feet warehousing space and more than 5000 employees.

Om Logistics Ltd has acquired Transafe Services Limited at an enterprise valuation of Rs. 70 cr. With this, the company is set to further expand its reach and penetration into manufacturing and logistics sector. Mr Raghav Singhal, an enthusiastic entrepreneur, has expressed his elation on this acquisition. “Transafe Services Ltd is the perfect addition to Om Logistics Ltd and this acquisition would allow us to enhance our capacities and capabilities to reach out to a wider range of customers and to serve them better. With this incorporation and other strategic developments, OLL is striving to become a holistic destination of diversified services to all its international and domestic customers,” comments Mr Singhal, Director, Om Logistics.

Another exciting statement comes from Mr Akash Bansal, Country Head- Om Logistics, who says “We welcome possible synergies between Transafe and Om Logistics. This acquisition highlights our growth goals in the industry and will help to achieve the position of one of the strongest players in the international logistics scenario. Om Logistics will now be in a position to support global networks to provide timely and cost-efficient solutions. We are also investing significantly in new adaptive technologies to compete proactively with dynamic supply chain requirements.”
Om Logistics’ existing strength in the industry and the acquisition of Transafe will allow it to offer its wide array of services to untapped markets and provide customized and Flexible storage solutions.

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