Nippon Express acquires MD Logistics
Following an equity purchase agreement concluded with MD Logistics and MD Express, a logistics group operating in the USA, Nippon Express acquired the entire equity interests of MD Logistics through its subsidiary Nippon Express USA on 22 May 2020.
MD Logistics is headquartered in Indiana, USA, and has established a strong position in its main business of providing logistics services for the pharmaceutical industry in this country.
With the acquisition, Nippon Express will gain access to the pharmaceutical distribution network in the USA, the world's largest pharmaceutical market.
Furthermore, by connecting MD Logistics with Nippon Express' international transportation network, the company can benefit from an integrated and consistent logistics quality control across the entire United States and globally. (mw)