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Acquisition

LEAP India Acquires CHEP India to Strengthen Supply Chain Solutions

A business professional wearing a grey suit stands confidently with folded arms. The background is divided into two colors—red (top) and blue (bottom)—with the logos "LEAP" and "CHEP." A dashed arrow connects the two logos, symbolizing progress or transition.
By
Anurag Trivedi
2 min read

LEAP India, a Mumbai-based leader in sustainable supply chain solutions, has acquired CHEP India Private Limited (CIPL) for an undisclosed amount. This strategic acquisition includes the transfer of CIPL's assets, customer base, and team to LEAP India, aligning with the company's vision to transform the supply chain landscape in India.

Key Highlights:

  • Expansion of Operations: With this acquisition, LEAP Group, which includes subsidiary TARON Material Handling Equipments Pvt. Ltd., now operates 33 warehouses, manages over 11 million assets, and serves more than 6,000 customer touchpoints across India.
  • Leadership Perspective: Sunu Mathew, Managing Director and Founder of LEAP India, stated, "By merging our expertise and resources, we will drive sustainable growth, enhance customer experience, and set new benchmarks in the industry."
  • Sectoral Reach: The integration of CIPL's asset-pooling expertise is expected to bolster LEAP India's services across sectors including FMCG, automotive, retail, and e-commerce, providing new opportunities for innovation and a greater commitment to sustainability.

About LEAP India:

Founded in 2013, LEAP India (Leading Enterprise in Asset Pooling) has emerged as a leader in the asset pooling market, delivering sustainable and efficient supply chain solutions across India. The company supports multiple industries by providing end-to-end customized pooling solutions, including equipment pooling, returnable packaging, inventory management, transportation, and repair and maintenance services.

About CHEP India Private Limited (CIPL):

Established in 2008, CIPL, a Brambles company, has been a leader in pallet and container pooling, serving major industries like FMCG, automotive, and retail. The company has been instrumental in helping businesses reduce disposable packaging and optimize supply chain operations through its sustainable pooling model.

Our Opinion on the News:

LEAP India's acquisition of CHEP India represents a significant consolidation in the Indian supply chain solutions sector. By integrating CIPL's established asset-pooling expertise, LEAP India is poised to enhance its service offerings and operational efficiency across multiple industries. This strategic move not only expands LEAP India's market reach but also reinforces its commitment to sustainability and innovation in supply chain management. As the company continues to grow, stakeholders can anticipate improved customer experiences and the setting of new industry benchmarks in the Indian supply chain landscape.

Source: The Tribune