India:
M+R Spedag Group, Switzerland, Recently Closed The Acquisition Of A Controlling Stake In Chennai Based PL Shipping & Logistics Private Limited
03 June 2019
Nishith Desai Associates
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Deal Brief
M+R Spedag Group, Switzerland, through its group entity,
recently closed the acquisition of a controlling stake in Chennai
based PL Shipping & Logistics Private Limited.
M+R Spedag Group is a leading logistics and transportation
services provider in Switzerland and has presence with offices in
major hubs across the globe. PL Shipping & Logistics Private
Limited is a comprehensive service provider with a pan India
presence and is involved with ocean, air and surface transportation
of small, large and heavy lift cargoes both imports and
exports.
Our Role
We, at
Nishith Desai Associates, acted as the legal, regulatory and
tax counsel to M+R Spedag Group for this transaction.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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