The Logistic Group    ::    Sattva Vichoor cfs, Chennai    ::    Project Profile

Sattva Vichoor CFS (Container Freight Station) near Chennai in the southern State of Tamil Nadu is a profitable container logistics business providing a full range of services, including bonded warehousing, secured and paved stacking areas, on-site assembly, computer-driven tracking systems and office facilities. The Eredene Group's first investment with the Sattva Business Group, it progressed from greenfield site to paying its first dividend in less than two years, and in 2011 it paid a dividend for the third consecutive year. Eredene originally invested £ 0.9m for a 49% stake in the CFS and through its subsidiary it sold 10% of its holding to Sattva Business Group in January 2012 for £1.1m, representing a return multiple on the original investment of 5.9 times.

container
freight station
cashew
processing
construction
Container
rail
it
services
Warehousing
4pl
logistics
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