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Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore


Bain Capital buys 30% stake in JM Baxi cargo terminal unit for ₹1,500 crore
February 23, 2021
International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam
International Cargo Terminals and Infrastructure, a unit of the JM Baxi group, runs container handling terminals at Visakhapatnam×
The logistics firm will use investment to pare debt, fund expansion
The US-based Bain Capital Private Equity has invested about ₹1,500 crore for a 30 per cent stake in International Cargo Terminals and Infrastructure Pvt Ltd, a unit of Mumbai-based JM Baxi Group, in one of the largest deals in the Indian port logistics business. ....

West Bengal , Madhya Pradesh , Andhra Pradesh , Warburg Pincus , Jawaharlal Nehru , Deendayal Kandla , Rail Infrastructure Pvt Ltd , Jm Baxi Group , International Cargo Terminals , Infrastructure Pvt Ltd , Indian Railways , Bain Capital Private Equity , Cargo Terminals , Adani Ports , Capital Private Equity , Multiples Private Equity , Canada Pension Plan Investment Board , Bain Capital , Jm Baxi , மேற்கு பெங்கல் , மத்யா பிரதேஷ் , ஆந்திரா பிரதேஷ் , வார்பர்க் பிங்கஸ் , ஜவஹர்லால் நேரு , தீண்டத்தல் காண்ட்லா , ரயில் உள்கட்டமைப்பு பிரைவேட் லிமிடெட் ,