TVS Supply Chain Solutions acquires Swamy & Sons 3PL for ₹88 crore

TVS Supply Chain Solutions (SCS), one of India’s largest integrated supply chain solution providers, on Wednesday announced the strategic acquisition of a Hyderabad-based third-party logistics (3PL) firm, Swamy & Sons 3PL (S&S3PL).

The company has a well-established operating footprint and marquee customer relationship in the fast-moving consumer goods (FMCG) as well as the fast-moving consumer durables (FMCD) spaces. It has a strong presence in Andhra Pradesh and Telangana.

The acquisition was done through TVS SCS’ wholly-owned subsidiary, FIT 3PL, for an enterprise value of ₹88 crore. The acquisition will be funded through internal accruals.

Over the years, S&S3PL has built deep domain expertise in FMCG logistics and serves a portfolio of leading customers across the country.

Its proven capabilities in managing high-volume, time-sensitive supply chains have established the company as a preferred partner for leading FMCG brands. This acquisition marks a significant strategic milestone for TVS SCS’ India operations, strengthening its position as a key solutions provider in the FMCG and FMCD segments.