Japan's Nippon Express Holdings (NX) has completed the acquisition of cargo-partner, an info-logistics provider that offers a comprehensive portfolio of air transport solutions, maritime, land and storage. Accordingly the share transfer agreement concluded on 12 May with Austria's cargo partner Group Holding AG and its subsidiaries Multi Transport und Logistik Holding AG, Safer Overseas Transport Holding GmbH, cargo partner GND GmbH and cargo partner US Holdings Inc. ( of 15 May 2023), Nippon Express Holdings has acquired all shares of the subsidiaries of cargo-partners based mainly in in Central and Eastern Europe providing logistics services in all over the world through a fully purpose-built corporation controlled by Nippon Express Europe GmbH, Nippon's European subsidiary Express Holdings, and has completed all necessary procedures to make newly acquired companies subsidiaries of Nippon Express Holdings.

cargo-partner will complement the logistics infrastructure of the NX in Central and Eastern Europe that the Japanese group expects will grow significantly and allow NX to further expand its global network and improve its services offered in the European region. The Japanese group has specified that, in addition, given that NX and cargo-partners have Different customers and different strengths in countries and regions seek to create synergies in their operations thus accelerating the expansion and development of their global activities.