Transaction overview
NX Group, through its subsidiary NX South Asia & Oceania, acquired a minority shareholding in TCS Logistics (Private) Limited (TCSL).
Strategic purpose
The acquisition supports NX Group’s strategy to deliver end-to-end supply chain solutions and to strengthen its logistics presence in South Asia.
About TCS Logistics
TCSL is part of the TCS Group, one of Pakistan’s largest logistics groups. It operates a nationwide domestic logistics network and provides international overland transport via the Port of Karachi.
Market opportunity
Pakistan has a population of over 200 million, with strong long-term growth potential driven by a large youth demographic.
Expected benefits
Through this partnership, NX Group aims to:
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Strengthen its domestic logistics operations in Pakistan
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Expand trade lanes to Central Asia
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Develop new logistics services for emerging markets
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Enhance customer supply chain support
TCS Logistics key facts
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Headquarters: Karachi, Pakistan
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Warehouses: 25 locations
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Total warehouse area: ~140,000 m²
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Fleet: 322 vehicles
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Core services: Land transport, warehousing, distribution, cross-border transport, forwarding and packaging services
