NIPPON EXPRESS HOLDINGS,INC. [9147.T]
TOKYO, Apr 17 (Pulse News Wire) – Nippon Express Holdings,inc. (9147.T) decided to acquire Metro Supply Chain Group Inc.
Through its wholly-owned Canadian subsidiary. The transaction, valued at CAD¥1.8 billion, was agreed upon with LDC Metro Holdings Inc. and CDP Investissements Inc., the sellers. The deal aims to accelerate global growth and enhance synergies within the NEX Group.
Metro Supply Chain Group operates logistics services across North America, Europe, and Asia, serving various sectors such as retail, consumer goods, automotive, healthcare, technology, and public sector. The acquisition will strengthen NIPPON EXPRESS's presence in key markets and expand its end-to-end solutions capabilities. Key strategic benefits include leveraging diverse customer bases, enhancing service offerings, and creating operational efficiencies. The transaction is expected to close between July and December 2026, subject to regulatory approvals.
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