Godrej & Boyce announced the acquisition of Armes Maini, a manufacturer of storage shelving systems and mezzanine structures. This acquisition includes Armes Maini’s 20,000-tonne production facility in Bengaluru, which will enhance Godrej & Boyce’s intra-logistics capabilities to meet growing market demands.
The company highlighted that the acquisition comes at a pivotal moment as the logistics industry experiences rapid growth, driven by changing consumption patterns and the rise of quick commerce platforms. Godrej & Boyce did not disclose the financial details of the acquisition.
Vikas Choudaha, Executive Vice President and Business Head of Storage Solutions at Godrej Enterprises, noted that with only 40% of current warehousing facilities in India classified as Grade A, there is a pressing need for advanced, sustainable solutions to improve infrastructure quality. Godrej & Boyce currently holds a 30% market share in the country’s storage solution sector.
“Our expanded capacity will enable us to address the increasing demand for sophisticated warehousing solutions, particularly from the booming e-commerce and quick commerce sectors,” added Choudaha. Godrej & Boyce, a flagship company of the Godrej Group, has been a cornerstone of India’s industrial and consumer goods sectors since its inception in 1897. The company operates across diverse industries, offering a wide range of products and solutions, including home and office furniture, appliances, security systems, and cutting-edge engineering solutions.
Known for its commitment to sustainability and innovation, Godrej & Boyce has consistently played a vital role in shaping India’s manufacturing landscape while expanding its presence globally. Its focus on quality, durability, and customer satisfaction has made it a trusted brand, and its continuous investments in technology and infrastructure have kept it at the forefront of various industries. With a strong legacy rooted in ethical business practices, the company also emphasizes environmental stewardship and community development as integral parts of its growth strategy.
