AVG Logistics has announced its decision to acquire a significant stake in Kaizen Logistics, a company known for its expertise in dry cargo and bulk liquid transport, multimodal logistics, and warehousing. Founded in 2020 and led by Sumit Garg, Kaizen Logistics offers comprehensive services, including global logistics, 3PL solutions, port handling, and on-site logistics management, primarily for industries such as metals, FMCG, chemicals, and supply chain solutions for steel and chemical manufacturing plants.
With a reported revenue of ₹46 crore for FY 2023/24, Kaizen serves prominent clients like Vedanta, Aditya Birla, RIL, Hindustan Zinc, and Gujarat Alkalis, among others. The acquisition, expected to be completed by Q4 of FY 2024-25, is set to create operational synergies between both companies. This move will leverage AVG’s road and rail transportation, cold chain, and warehousing expertise, alongside Kaizen’s strong presence in industrial sectors, offering enhanced logistics capabilities and an expanded customer base.
AVG Logistics, which reported ₹491 crore in revenue for FY24, will now have the opportunity to provide more integrated and robust logistics solutions across diverse industries, including FMCG, beverages, metals, and industrial chemicals, strengthening its position in the competitive logistics market.
