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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