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  • KerryTruck_road
    Article

    Kerry signs deal to increase stake in Indev and rebrand

    2016-04-19T10:21:38Z

    Kerry Logistics has signed a memorandum of understanding to increase its stake in Indian firm, Indev Logistics, to 50% in a deal reported to be worth $150m. As a consequence, Indev will be rebranded Kerry-Indev Logistics. Kerry, which previously held a 30% stake in Indev, said the move reflected its ...