Snowman to acquire land to land & warehouse assets worth 200mn

Snowman Logistics has signed an agreement to acquire land and warehouse assets in Madhya Pradesh, says reports. The acquisition, valued at Rs 200 million, aims to strengthen Snowman’s infrastructure and operational capabilities in the region. The agreement includes the purchase of land and existing warehouse facilities, strategically located to enhance Snowman’s service network and efficiency in catering to the growing demand for temperature-controlled logistics solutions, it adds.