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Mahindra Logistics acquires Meru

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Capital Market
Last Updated : Nov 09 2021 | 4:31 PM IST
Mahindra Logistics (MLL) announced its acquisition of Meru:

- 100% equity share capital of Meru Mobility Tech Private Limited, V-Link Fleet Solutions and V-Link Automotive Services from Meru Travel Solutions (MTSPL) and

- 100% equity share capital of MTSPL from Mahindra & Mahindra (M&M).

The acquisition is a strategic move to consolidate and expand MLL's business in the enterprise mobility space.

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First Published: Nov 09 2021 | 4:11 PM IST

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