India

Macrotech Developers acquires Opexefi Services and One Box Warehouse for INR 95.76 crore

Synopsis

Macrotech Developers has acquired Opexefi Services and One Box Warehouse for INR 46.67 crore and INR 49.09 crore, respectively. Both companies will operate as wholly-owned subsidiaries, marking Macrotech's entry into the logistics and digital infrastructure sectors. This strategic move aims to enhance operational efficiencies and meet growing market demands driven by e-commerce and technological advancements. The acquisitions align with the expanding logistics market in India, projected to reach USD 215 billion by 2025. Macrotech's investment reflects its commitment to diversifying its portfolio and strengthening its presence in the industrial sector.

10 sec backward button
play pause button
10 sec forward button
0:00
0:00

Macrotech Developers has announced the acquisition of two companies, Opexefi Services and One Box Warehouse. This strategic decision reflects the company's commitment to expanding its presence in the industrial and logistics sectors. Both companies will now operate as wholly-owned subsidiaries under the Macrotech umbrella.

The acquisition of Opexefi Services comes with a price tag of INR 46.67 crore, while One Box Warehouse has been acquired for INR 49.09 crore. These investments are part of Macrotech's broader strategy to strengthen its logistics and industrial operations, which are increasingly vital in today's digital economy. As e-commerce and online services continue to grow, the demand for efficient logistics solutions is higher than ever.

Macrotech Developers, known for its extensive real estate projects, is now venturing into the digital infrastructure space, recognising the need for integrated solutions that support its core business. The logistics sector has been undergoing rapid transformation, driven by technology and changing consumer behaviours. By acquiring Opexefi and One Box, Macrotech aims to leverage their expertise to improve operational efficiencies and enhance service offerings.

Opexefi Services specialises in providing technology-driven logistics solutions, while One Box Warehouse focuses on warehousing and inventory management. Together, these companies will enable Macrotech to create a more robust logistical framework that can better serve its clients and meet the growing demands of the market. This acquisition aligns with the increasing trend of real estate companies diversifying into logistics to tap into new revenue streams.

The move also comes at a time when the Indian logistics market is projected to grow significantly. According to industry reports, the logistics sector in India is expected to reach USD 215 billion by 2025, driven by the rise of e-commerce, a growing manufacturing base, and government initiatives aimed at improving infrastructure. Macrotech's acquisitions position it well to capitalise on these trends and contribute to the evolving landscape of logistics in India.

In conclusion, Macrotech Developers' acquisition of Opexefi Services and One Box Warehouse marks a pivotal step in its journey towards becoming a key player in the digital infrastructure and logistics sectors. As the company integrates these new subsidiaries, it is poised to enhance its operational capabilities and meet the demands of a rapidly changing market. This strategic expansion not only reflects Macrotech's vision for growth but also highlights the increasing importance of logistics in supporting the broader economy.

Have something to say? Post your comment

Recent Messages

Advertisement