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Март
2022

JM Baxi agrees to acquire units of two logistics firms for Rs. 200 crore

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It is acquiring one of the units of logistics major Allcargo Logistics which carries out movement of heavy machinery such as plant and equipment across geographies. It is also acquiring a unit of Lift and Shift Private Limited that moves heavy equipment and components to locations where large infrastructure or manufacturing projects are being set up such as petrochemical plants.



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