NDR Warehousing has announced the successful acquisition of LSA Warehousing Private Limited. The acquisition includes an expansive 18-acre project strategically situated along the Sohna Balabgarh Road, further solidifying NDR’s strong foothold in the NCR region.
This is NDR’s fourth venture in the area. Phase I of the project is set to be completed within 6 to 8 months, demonstrating NDR’s commitment to execute the project within a year.
The acquisition required a substantial investment of INR 42 crore.
Amrutesh Reddy, Managing Director of NDR Warehousing, expressed his enthusiasm regarding the acquisition and stated that the company was thrilled to expand its portfolio through the acquisition of LSA Warehousing Private Limited in order to cater to the evolving needs of its clients. Leveraging the expertise and state-of-the-art facilities, the company aims to provide unparalleled services to its valued clients, he added.
Currently, NDR owns and operates over 15 million sq ft of warehousing space, with an additional 4 million sq ft under construction.