Logistics Plus acquires Evo Supply Chain Pvt. Ltd.

Logistics Plus, a global provider of logistics and supply chain solutions, has acquired Evo Supply Chain Pvt. Ltd., establishing a strategic presence in India through the creation of a new subsidiary. The move enhances Logistics Plus's capability to deliver localized expertise and expanded services to its client base. The financial details of the deal remain undisclosed.

This acquisition will see Logistics Plus integrate Evo Supply Chain’s assets and personnel into its operations, leveraging Evo’s established local expertise to better serve its multinational clientele. Logistics Plus, founded in 1996, has grown substantially with global sales exceeding $500 million annually and a workforce of over 1,200 employees across more than 50 countries. The acquisition is an integral part of their strategy to expand their footprint in key global markets, underscoring their commitment to increasing localized supply chain solutions for their customers.

With Evo Supply Chain, Logistics Plus aims to strengthen its international logistics capabilities while enhancing customer service through localized operations. "The addition of Evo Supply Chain supports our mission to provide superior logistics and supply chain services with a strong local expertise,” stated a representative from Logistics Plus. This strategic expansion into the Indian market is expected to bolster the company’s position as a leading provider of third-party logistics solutions worldwide.

The acquisition comes at a time when supply chain solutions are increasingly critical due to disruptions caused by global events and shifting trade patterns. Competitors in the supply chain sector may see this expansion as a signal of growing demand for localized, on-ground logistics solutions in emerging markets such as India. By expanding in this key hub, Logistics Plus is likely to enhance its comparative advantage against other global and local logistics companies.

Looking ahead, the integration process will be key for Logistics Plus as it navigates regulatory compliance and operational integration in the new market. The company will focus on smoothly merging Evo’s operations to fully realize the potential benefits of this acquisition. This development sets the stage for further investment in emerging markets, as the company seeks to expand and adapt to the evolving demands of the global logistics and supply chain landscape.