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TVS SCS acquires Swamy & Sons for Rs 88 cr

PRIVATEJan 29, 2026

Acquiring Company

TVS Supply Chain Solutions

Acquired Company

Swamy & Sons

ChennaiTransportationSupply Chain ManagementLogistics

Description

TVS Supply Chain Solutions has acquired an 80% stake in Swamy & Sons for Rs 88 crore, with the remaining stake to be acquired after one year. This acquisition adds 116 warehouse locations and enhances TVS SCS's capabilities in handling perishables. Swamy & Sons will continue operating under its existing brand, retaining its workforce of around 1,400 to 1,500 employees.

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Company Information

Company

TVS Supply Chain Solutions

Location

Chennai, Tamil Nadu, India

About

TVS Supply Chain Solutions (TVS SCS), part of TVS Mobility Group is among India’s largest and fastest growing integrated supply chain solutions. We were promoted by the erstwhile TVS Group and are now part of the TVS Mobility Group. We believe our lineage benefits us in leveraging its long-standing brand heritage, in-depth understanding of multi-sector dynamics and local markets, operational experience, corporate governance standards, values and trust. Our culture and philosophy of doing business, is in line with the core values of ‘TVS’ of trust, value and service.

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Frequently asked

Who acquired Swamy & Sons?

Swamy & Sons was acquired by TVS Supply Chain Solutions, based in Chennai. The deal was reported on January 29, 2026. TVS Supply Chain Solutions (TVS SCS), part of TVS Mobility Group is among India’s largest and fastest growing integrated supply chain solutions. TVS Supply Chain Solutions is privately held and operates in Transportation.

When did TVS Supply Chain Solutions acquire Swamy & Sons?

TVS Supply Chain Solutions's acquisition of Swamy & Sons was reported on January 29, 2026. TVS Supply Chain Solutions has acquired an 80% stake in Swamy & Sons for Rs 88 crore, with the remaining stake to be acquired after one year. This acquisition adds 116 warehouse locations and enhances TVS SCS's capabilities in handling perishables. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Swamy & Sons do?

Swamy & Sons is the company acquired in this transaction. It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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