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Amazon, Carlyle, Brookfield vie for Biyani's Future Supply Chain Solutions

Future Supply Chain Solutions (FSC) is a third-party supply chain and logistics service provider that offers warehousing facilities also.

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The Biyani family holds about 48 per cent in the company and sees this as a non-core area, whose monestisation will help the group in reducing its increasing debt.

Surajeet Das Gupta New Delhi
Private-equity players including Canadian pension fund Brookfield and US-based Carlyle, e-commerce platform Amazon, and Japanese giant Nippon Express (which already has 22 per cent) have had preliminary discussion on taking a controlling stake in Kishore Biyani-promoted Future Supply Chain Solutions (FSC).

FSC is a third-party supply chain and logistics service provider that offers warehousing facilities also.

According to sources, a listed logistics company is also having a look at the asset.

The company has appointed Ambit, an investment banker, to seek a buyer.

A spokesperson for Ambit did not speak on the matter, and Amazon said it did not comment