NIPPON EXPRESS HOLDINGS Completes Acquisition of Shares in SH HoldCo GmbH Making It Fully Owned Subsidiary

TOKYO,Oct. 10, 2024/PRNewswire/ -- NIPPON EXPRESS HOLDINGS, INC. (hereinafter"NXHD") has reached an agreement with the shareholders of SH HoldCo GmbH ("Simon Hegele") to acquire all shares inSimon Hegele, a group of companies based inGermanyspecializing in contract logistics in the healthcare industry, and entered into a sale and purchase agreement onSeptember 30, 2024(Japantime), as detailed below.

NX Logo:https://kyodonewsprwire.jp/img/202410017425-O3-bv8QAJ2h 

Acquisition of Shares of SH HoldCo GmbH to become a Fully-Owned Subsidiary:https://pdf.irpocket.com/C9147/EAzE/VVeN/q42N.pdf 

Overview of Simon Hegele Group:

https://pdf.irpocket.com/C9147/EAzE/VVeN/bK8X.pdf 

Photo 1: 

First from left of photo:Mamoru Akaishi/ Director and Executive Officer / NXHD; second from left:Stefan Ulrich/ Simon Hegele Group CEO; fourth from left: Shinichi Kakiyama / Managing Executive Officer, Regional General Manager / NX Europe

https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202410017425/_prw_PI1fl_R51r6sbc.jpg 

Photo 2:Mamoru Akaishi/ Director and Executive Officer / NXHD; andStefan Ulrich/ Simon Hegele Group CEO

https://cdn.kyodonewsprwire.jp/prwfile/release/M103866/202410017425/_prw_PI2fl_l8l84x00.jpg 

Stefan Ulrich/ Simon Hegele Group CEO

"It was clear to us that we wanted to find a strategic partner that was a good fit for us, with a complementary service portfolio and a strong international presence, who appreciates our independence and agility and at the same time is passionate about working with us to further develop tailor-made solutions for our internationally active customers on a global level -- we are certain that we have now found the ideal partner in NX Group!"

Mamoru Akaishi/ Director and Executive Officer / NXHD

"I am looking forward to moving forward on the same path towards the future with the Simon Hegele Group. Specifically, I believe that we can provide even greater value to our customers by combining NX Group's global network capabilities withSimon Hegele'sadvanced logistics expertise, especially in the healthcare sector."

About the NX Group:https://kyodonewsprwire.jp/attach/202410017425-O1-H9CoyqIl.pdf 

NX Group official website:https://www.nipponexpress.com/ 

NX Group's official LinkedIn account: 

https://www.linkedin.com/company/nippon-express-group/ 

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SOURCE NIPPON EXPRESS HOLDINGS, INC.