"NIPPON EXPRESS HOLDINGS, INC. is pleased to announce that the agreement entered into on September 30, 2024, for the acquisition of all of the shares of SH HoldCo GmbH, the parent company of the Simon Hegele Group based in Germany, has been executed with effect from February 3, 2025 (""the Transaction""). Headquartered in Karlsruhe, Germany, Simon Hegele is a contract logistics provider founded in 1920 and specialising in providing logistics services to the healthcare sector worldwide (Europe, USA, South America, Asia and Australia ).
Simon Hegele provides logistics services including warehousing, distribution, installation at delivery destinations and other value-added services for medical equipment. In addition, Simon Hegele has built a strong customer base by leveraging its highly specialized logistics platform to meet the specific needs of leading healthcare, industrial and retail customers.
NX Group has set the healthcare sector as one of its priority growth areas in the ""NX Group Business Plan 2028 Dynamic Growth 2.0 - Accelerating Sustainable Growth -"" and is promoting the enhancement of an end-to-end solution platform. By completing this transaction, NX Group has acquired a unique and scalable platform for providing logistics services to the healthcare industry. As a result, it expects to receive highly complementary capabilities and synergistic value through the integration of Simon Hegele 's logistics capabilities with NX Group's global network and international transportation business to provide more comprehensive services to its customers.