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Mitsubishi Corp picks minority stake in TVS SCS for undisclosed amount

Mitsubishi to acquire the stake from Tata Opportunities Fund which will make a partial exit

TVS SCS' spare parts warehouse in Pune
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TVS SCS' spare parts warehouse in Pune

T E Narasimhan Chennai
TVS Supply Chain Solutions Limited (TVS SCS), an integrated Supply Chain Management Services company and part of the $8.5 billion TVS group, today announced that Mitsubishi Corporation (MC), Japan, has invested in TVS SCS for a minority stake for an undisclosed amount.

MC’s investment is through a secondary market transaction which will allow an existing investor - Tata Opportunities Fund - to secure a partial exit. The Tata Opportunities Fund (TOF) initially came on board in 2015 as a minority partner and has invested across multiple rounds in TVS SCS to fund acquisitions and to support TVS SCS’ future growth. TOF,