Mumbai-based LEAP Acquires CHEP India

-This acquisition opens new avenues for innovation, enhances customer touchpoints, and strengthens LEAP India's commitment to sustainability, all supported by a skilled team and a strong infrastructure.

-Founded in 2013, LEAP India is a leader in asset pooling, offering sustainable and efficient supply chain solutions across India.

-"We are excited about the opportunities this acquisition brings to strengthen our capabilities and expand our reach" said Sunu Mathew, MD and founder at LEAP India. 

Sustainable supply chain solutions provider LEAP India has acquired CHEP India Private Limited (CIPL). 

This strategic move involves the transfer of CIPL’s assets, customer base, and team to LEAP India. EY & Anagram Partners acted as LEAP's advisors on the transaction.

LEAP Group, which includes TARON Material Handling Equipments as a subsidiary and the recently acquired CIPL, now operates 33 warehouses, manages over 11 million assets, serves more than 6,000 customer touchpoints, and employs a team of over 3,000 full-time equivalents (FTEs).

"We are excited about the opportunities this acquisition brings to strengthen our capabilities and expand our reach" said Sunu Mathew, MD and founder at LEAP India. 

"By merging our expertise and resources, we will drive sustainable growth, enhance customer experience, and set new benchmarks in the industry. We are building resilient, customer-centric supply chain solutions ready to meet tomorrow's challenges," he added.

CIPL's expertise in asset pooling and its shared-use platform will complement LEAP India's capabilities, broadening services across the FMCG, automotive, retail, and e-commerce sectors. This acquisition opens new avenues for innovation, enhances customer touchpoints, and strengthens LEAP India's commitment to sustainability, all supported by a skilled team and a strong infrastructure.

Founded in 2013, LEAP India is a leader in asset pooling, offering sustainable and efficient supply chain solutions across India. With 22 warehouses, 9 manufacturing units, a presence in over 2,500 locations, and more than 6 million managed assets, LEAP India serves industries such as FMCG and e-commerce. The company is known for its innovative resource optimization and cost-effective solutions, making it a trusted partner in driving sustainability and efficiency in India's supply chain.

CHEP India Private Limited (CIPL) is a prominent player in the supply chain industry, specializing in asset pooling and shared-use platforms. CIPL provides sustainable logistics solutions by offering a range of services, including the management and pooling of pallets, crates, and containers across various sectors. With a strong focus on efficiency, sustainability, and cost-effectiveness, CIPL supports industries such as FMCG, automotive, retail, and agriculture, helping businesses optimize their supply chain operations.