# LEAP India acquires asset renting firm SKAN Marine

Supply chain solutions startup LEAP India acquired Mumbai-based asset renting firm SKAN Marine, a forklift and asset renting company. The acquisition was announced on February 24, 2023; the deal value was not disclosed.

- Type: Acquisition
- Announced: 2023-02-24
- Where: Mumbai, India
- Status: completed
- Products: forklifts, reach trucks, tow trucks, battery-operated pallet trucks
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [LEAP India](https://endata.com/companies/68787.md) (acquirer)
- [SKAN Marine](https://endata.com/companies/68788.md) (target)

## Sources

- [inc42.com](https://inc42.com/buzz/supply-chain-solutions-provider-leap-india-acquires-asset-renting-firm-skan-marine/), 2023-02-24: "SKAN’s acquisition would help LEAP become the number 2 company in India in forklift renting space when combined with its subsidiary Taron"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.