New Delhi, Dec 20 (PTI) AVG Logistics Ltd on Wednesday announced the acquisition of over 50 cold chain vehicles, thereby strengthening its fleet operations.

The cold chain vehicles have been acquired from global multinational companies, among others.

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"We acquired this fleet of 50+ vehicles after detailed due diligence and assessment of vehicle quality, condition, wear & tear... This greatly enhances AVG's ability to service recently signed a long-term contract with India's largest MNC FMCG Company, both on the dry and frozen goods side," company's Managing Director and CEO Sanjay Gupta said in a filing to BSE.

This acquisition takes the company's total cold chain fleet strength to 275.

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AVG Logistics provides customised and technology-driven solutions across warehousing, distribution, and supply chain management.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)