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CCI approves acquisition of Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder ISC FZCO

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....CI approves acquisition of Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder ISC FZCO <br>News and Press Release<br>Dated:- 4-6-2021<br><BR>The Compet....

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....ition Commission of India (CCI) approves acquisition of Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder ISC FZCO The proposed combination envisage....

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....s acquisition of stake in AvanaLogistek Limited (Avana), Transworld Feeders Private Limited(TFPL) and Transworld Feeders FZCO by Unifeeder ISC FZCO (Unifeeder). Unifeeder is indirectly held by DPW, f....

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....orming part of DPW group.In India, Unifeeder is present through its subsidiaries, Feedertech Pte. Limited (Feedertech) and Perma Shipping Line Pte. Limited.Feedertechprovides EXIM feeder services and ....

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....Perma Shipping Line Pte. Limited provides EXIM non-vessel owning common carrier (NVOCC) services. Business of Avana comprises multimodal domestic coastal services and NVOCC solutions. Presently, TFPL....

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.... is not engaged in any business activities in India. However, under the proposed combination TFPL would acquire EXIM feeder shipping business of Shreyas Shipping and Logistics Limited. Detailed order....

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.... of the CCI will follow.<BR> News - Press release - PIB....