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

TOKYO, NIPPON EXPRESS HOLDINGS, INC. (hereinafter “NXHD”) has reached an agreement with the shareholders of SH HoldCo GmbH (“Simon Hegele”) to acquire all shares in Simon Hegele, a group of companies based in Germany specializing in contract logistics in the healthcare industry, and entered into a sale and purchase agreement on September 30, 2024 (Japan time), 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

Source: BERNAMA News Agency