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Ceva acquires Indian logistics giant

CEVA Logistics has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions from private equity firm Warburg Pincus and other shareholders. Started in 2016 by Anshuman Singh, Stellar offers omni-channel fulfilment services in the eCommerce, automotive, food products, consumer, fashion and retail, healthcare and pharmaceuticals market segments. Anshuman Singh will continue to lead the business following the acquisition. It operates about 7.7m sq ft of space at ... [+]

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