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

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..... CCI approves acquisition of Avana Logistek Limited, Transworld Feeders Private Limited and Transworld Feeders FZCO by Unifeeder ISC FZCO
News and Press Release
Dated:- 4-6-2021

The Compe .....

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..... tition 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 envisag .....

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..... es 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, .....

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..... forming 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, TFP .....

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..... L 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 orde .....

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..... r of the CCI will follow.
News - Press release - PIB .....

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