Snowman Logistics, an integrated temperature controlled logistics service provider, announced on Thursday that the company has entered into a three year service agreement with international food services giant COMPASS (CGISS), signalling the start of a new vertical at Snowman.
Compass India is a part of Compass Group PLC, one the world's leading food and support services Company. As per the agreement, Snowman will address the complete supply chain needs of the food service division of Compass India.
Snowman Logistics, is an India-based cold supply chain company which offers warehousing, distribution and transportation services.
Shares of the company gained Rs 3.85, or 3.88%, to trade at Rs 103. The total volume of shares traded was 64,724 at the BSE (9.18 a.m., Friday).