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Nippon Express Holdings Completes Acquisition Of Shares In Tramo Sa, Making It Fully Owned Subsidiary

PUBLIC · NEXHYNov 09, 2023

Acquiring Company

Nippon Express Holdings

Acquired Company

Tramo Group

TokyoChiassoOil And GasTransportationSupply Chain ManagementLogistics

Description

NIPPON EXPRESS HOLDINGS, INC. (the "Company") hereby announces that as shown on August 21, 2023, in the "Acquisition of Shares of Tramo SA" announcement, it has completed the acquisition of shares in Tramo SA, a logistics company operating across Europe and the USA, through NIPPON EXPRESS ITALIA S.p.A., effective October 31, 2023.

Quick answer

Nippon Express Holdings is acquiring Tramo Group, announced November 9, 2023. Nippon Express Holdings is based in Tokyo, Japan.

How much did Nippon Express Holdings pay for Tramo Group?
The deal value was not disclosed.
What does Nippon Express Holdings do?
Nippon Express Holdings Inc. is a global logistics group with operations in over 50 countries.
Where are Nippon Express Holdings and Tramo Group based?
Nippon Express Holdings is based in Tokyo, Japan. Tramo Group is based in Chiasso, Switzerland.
Who are the decision-makers at Nippon Express Holdings?
Fundz holds 2 contacts at Nippon Express Holdings. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Nippon Express Holdings

Location

Tokyo, Japan

About

Nippon Express Holdings Inc. is a global logistics group with operations in over 50 countries. Founded in 1937, the company is focused on governance, long-term strategy, and investment while enabling local leadership teams to maintain autonomy. The group operates with a holding company structure and is publicly listed.

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Frequently asked

Who acquired Tramo Group?

Tramo Group was acquired by Nippon Express Holdings, based in Tokyo. The deal was reported on November 9, 2023. Nippon Express Holdings Inc. is a global logistics group with operations in over 50 countries. Nippon Express Holdings is publicly traded (NEXHY) and operates in Oil And Gas.

When did Nippon Express Holdings acquire Tramo Group?

Nippon Express Holdings's acquisition of Tramo Group was reported on November 9, 2023. NIPPON EXPRESS HOLDINGS, INC. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Tramo Group do?

For more than 30 years, Tramo Group has specialized in logistics and transport of high-end furniture and furnishing components and it is a partner of the most respected names in the design world. Contact: info@tramo.it It is privately held, and is based in Chiasso.

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