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FM Logistic acquires Spear Logistics, Major player in Indian logistics market

Spear Logistics’s knowledge of specific features of the Indian market makes it an ideal partner for FM Logistic allowing the company to support its customers’ growth in the country

True to its "Ambition 2022" strategic plan, FM Logistic cooperates with major players of logistics markets in emerging countries. A real business launchpad, India offers FM Logistic extraordinary opportunity for its development in Asia. In 2015, the Indian economy experienced a growth rate of over 7%. By 2030, it will be the biggest consumer market worldwide and the third largest economy in the world. Furthermore, the Indian logistics market is at the dawn of an unprecedented move to reorganization and consolidation led by the new tax harmonisation law for products and services (GST) and by the swift development of e-commerce. 

FM Logistic and Spear Logistics, which is ranked among the TOP 5 Indian providers, will operate in the strategic sectors of e-commerce, telecommunications, retail, consumer goods, industry and automotive.

Together, the companies are going to prepare the groundwork in order to implement a logistics plan in line with tax harmonisation in India. This project will lead to the creation of regional distribution centres that FM Logistic and Spear Logistics will manage from multi-client platforms, which will be set up near the main Indian cities. 

“This alliance of skills enables us to offer our customers a global and reliable service – from warehousing to distribution and transport, covering all distribution channels, including e-commerce, for industrials and retailers, and for all sectors”, says Gautam Dembla, Managing Director of Spear Logistics.

“With the acquisition of Spear Logistics we are integrating a company of great logistics professionals”, affirms Jean-Christophe Machet, CEO of FM Logistic. “These new teams constitute an extraordinary asset in meeting the requirements of our customers in a major FMCG market”. 

In addition to its in-depth knowledge of the diversity and complexity of the Indian market, Spear Logistics brings with it nationwide coverage and a customer base comprised of major national and multinational companies. FM Logistic will be bringing its international network into the partnership, along with its reputation, its cutting-edge working tools and all the latest technologies in logistics innovation.