TVS Supply Chain Solutions acquires Swamy & Sons 3PL for ₹88 crore
TVS Supply Chain Solutions strengthens its FMCG logistics play with the ₹88 crore acquisition of Hyderabad-based Swamy & Sons 3PL
 "TVS Supply Chain Solutions acquires Swamy & Sons 3PL for ₹88 crore")
TVS Supply Chain Solutions (SCS), one of India’s largest integrated supply chain solution providers, on Wednesday announced the strategic acquisition of a Hyderabad-based third-party logistics (3PL) firm, Swamy & Sons 3PL (S&S3PL).
The company has a well-established operating footprint and marquee customer relationship in the fast-moving consumer goods (FMCG) as well as the fast-moving consumer durables (FMCD) spaces. It has a strong presence in Andhra Pradesh and Telangana.
The acquisition was done through TVS SCS’ wholly-owned subsidiary, FIT 3PL, for an enterprise value of ₹88 crore. The acquisition will be funded through internal accruals.
Over the years, S&S3PL has built deep domain expertise in FMCG logistics and serves a portfolio of leading customers across the country.
Its proven capabilities in managing high-volume, time-sensitive supply chains have established the company as a preferred partner for leading FMCG brands. This acquisition marks a significant strategic milestone for TVS SCS’ India operations, strengthening its position as a key solutions provider in the FMCG and FMCD segments.
The transaction adds to the company’s national scale and enhances sectoral coverage and regional execution capabilities in critical consumption-led markets.
Also, it strengthens TVS SCS’ distribution and last-mile service capabilities, across high-growth markets, especially in Telangana and Andhra Pradesh, enabling seamless coverage.
This pact could improve revenue growth prospects and margin profile through operating synergies and scale leveraging TVS SCS’ 20 million sq. ft. warehousing space.
K Sukumar, chief executive officer (CEO), TVS SCS India, Middle East & Africa, said, “This acquisition is a strategic step in our journey to further strengthen our high-performance supply chain platform in India. S&S3PL’s deep expertise in FMCG supply chains, strong geographic reach, and market leadership in Andhra Pradesh and Telangana enhance our ability to serve large customers. The acquisition positions TVS SCS among the top warehousing 3PL service providers in India. And, our upstream capabilities enable us to service third-party dark stores at scale.”
Commenting on the acquisition, Arun Swamy, promoter, Swamy & Sons, said, “This is an exciting development for S&S3PL. We have been at the forefront of customer service for over 35 years in this important market of Telangana and Andhra Pradesh. Becoming a part of TVS SCS provides S&S3PL’s customers and employees the scale, systems and governance of a leading global supply chain organisation. It also provides the ability to take organisational capabilities forward into other geographies in India, thereby powering the next phase of growth.”
Swamy will continue to lead the organisation and support customers through a smooth ownership transition. He will drive customer retention and growth.