HICO, a privately owned trust fund owned by the Hartnoll family, has acquired the assets of Bengal Tiger Line (BTL) from CMIA Capital Partners, a Singapore-based Investment Fund.
“The change of ownership from CMIA Capital Partners to HICO will not see any change in the management structure of Bengal Tiger Line, and the day-to-day business will remain as status quo and will continue without any form of disruption,” said BTL in an announcement.
This acquisition is in line with HICO’s interests in...