Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
Oct, 28 2014

Future Supply Chains to acquire logistics firm Brattle Foods

Brattle Food located in Delhi was started in 2009 by Harvard graduates Kunal Agrawal, Mrinal Sinha and Kiran Pendri. The supply chain major is the second-largest player in the food logistics segment after Snowman Logistics.

Future Supply Chains, part of Kishore Biyani's Future Group is planning to acquire logistics start-up firm Brattle Foods for an undisclosed amount, reports PTI.

As per the agreement, Brattle Food will merge with Future Supply Chains (FSC) and shareholders GTI Capital and Epiphany Ventures will get some shareholding in the Future Group.

"This acquisition and merger will complement the existing modern technology and automation-based supply chain capability of Future Supply Chains in the food and FMCG domain," said, Anshuman Singh, MD & CEO, Future Supply Chain.

The merger will enable FSC to address the frozen, chilled and cold warehousing requirements coupled with the refrigerated container transportation requirements across the country.

Brattle Food located in Delhi was started in 2009 by Harvard graduates Kunal Agrawal, Mrinal Sinha and Kiran Pendri. The supply chain major is the second-largest player in the food logistics segment after Snowman Logistics.

This merger and acquisition will create immediate capability to serve Future Group's recently set up 110-acre food park on the outskirts of Bangalore and the two planned projects in West Bengal and Madhya Pradesh. 

Comment
Related opportunities
  • E-Commerce & Related
    MOS Utility Private Limited is offering franchise with high potential..
    Locations looking for expansion Maharashtra
    Establishment year 2009
    Franchising Launch Date 2009
    Investment size Rs. 10000 - 50 K
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Malad west Maharashtra
  • EmployRoll, an industry leading SaaS product introduced by Thimbmatic Solutions..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 20lac - 30lac
    Space required 600
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Real Estate
    About:Conceptualized and started by Mr. Kalyan Krishna Bandaru, an ITIL..
    Locations looking for expansion Karnataka
    Establishment year 2016
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • About Us: The American School is a unique research-based endeavour..
    Locations looking for expansion Delhi
    Establishment year 2016
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities