ML acquires Rivigo’s B2B express business in slump sale. Value deal.
Mahindra Logistics (ML) has announced acquiring Rivigo’s B2B express business, as a going concern, on slump sale basis, for a lump sum consideration of Rs. 225 crores. Rivigo, founded in 2014, operates in two key business segments: Full Truck Load (FTL) and B2B express business. It’s main focus and USP is the relay trucking model … Read more