Warburg Pincus-backed Stellar makes Indian logistics bolt-on
Stellar Supply Chain Solutions, an Indian logistics company backed by Warburg Pincus, has taken control of refrigerated trucking specialist Kelvin Cold Chain.
Financial terms and percentage holdings were not disclosed. Kelvin's existing private equity backer, Ambit Pragma, will retain a minority stake. "The investment into Kelvin augurs well for our mission...
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