DP World has acquired three business units of Transworld Group as it looks to accelerate its vision to become the leading end-to-end supply chain solutions provider.
DP World’s subsidiary Unifeeder Group will acquire (subject to regulatory approvals) three business units of Transworld Group — Transworld Feeders FZCO, Avana Logistek (including its subsidiary Avana Global FZCO) and Transworld Feeders (the containerised Indian coastal and EXIM feeder shipping operations of Shreyas Shipping and Logistics, excluding vessels and bulk operations).
Transworld Feeders FZCO and Avana Global FZCO are leading independent feeder and Non-Vessel Operating Common Carriers (NVOCC) operators, offering container feedering services and regional trade solutions connecting a wide range of ports in the Middle East, Indian Subcontinent and the Far East through their dense network.
Transworld Feeders and Avana Logistek maintain a comprehensive coverage of all main ports, terminals and inland destinations in India.
Avana Logistek also provides first-mile and last-mile delivery solutions within the Indian domestic market.
Both are market leaders in providing logistics solutions to cargo owners, traders, forwarders, and shipping lines. Further, they will both complement and expand the ability to offer a broader range of India-focused solutions.
These new entities will continue to operate an asset-light structure as per the unifeeder model which delivers greater flexibility and efficiency for customers.