AVG Logistics acquires 50 cold chain vehicles

New Delhi: AVG Logistics Ltd on Wednesday announced the acquisition of over 50 cold chain vehicles, thereby strengthening its fleet operations. The cold chain vehicles have been acquired from global multinational companies, among others.

“We acquired this fleet of 50+ vehicles after detailed due diligence and assessment of vehicle quality, condition, wear & tear... This greatly enhances AVG’s ability to service recently signed a long-term contract with India’s largest MNC FMCG Company, both on the dry and frozen goods side,” company’s Managing Director and CEO Sanjay Gupta said in a filing to BSE.