Nippon Express Completes Acquisition of SH HoldCo
Deal News | Feb 18, 2025 | PR Newswire Cision NIPPON EXPRESS HOLDINGS, INC.
Nippon Express Holdings, a major Japanese logistics company, has finalized its acquisition of SH HoldCo GmbH, a German company and the parent of the Simon Hegele Group. This move, effective February 3, 2025, transforms SH HoldCo into a wholly owned subsidiary of Nippon Express. Founded in 1920 and based in Karlsruhe, Germany, the Simon Hegele Group specializes in healthcare logistics, providing services such as storage, distribution, and installation of medical equipment. The acquisition aligns with Nippon Express' strategic plan to enhance its global logistics solutions specifically for the healthcare sector, which is one of its prioritized growth areas as outlined in its 'NX Group Business Plan 2028 Dynamic Growth 2.0 - Driving Sustainable Growth'. Through this acquisition, Nippon Express expects to integrate Simon Hegele's specialized logistics capabilities with its own global network, thus enhancing service offerings with comprehensive solutions for healthcare clients globally.
Sectors
- Logistics
- Healthcare
Geography
- Japan – The acquiring company, Nippon Express Holdings, is based in Tokyo, Japan.
- Germany – The acquired company, Simon Hegele Group, is headquartered in Karlsruhe, Germany.
Industry
- Logistics – Involves the acquisition of a firm providing logistics services.
- Healthcare – The acquired company specializes in logistics for the healthcare sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nippon Express Holdings, Inc. | Acquirer | Company | A major logistics company based in Tokyo, Japan. |
| SH HoldCo GmbH | Target | Company | The parent company of Simon Hegele Group, acquired by Nippon Express. |
| Simon Hegele Group | Target Subsidiary | Company | A logistics company specializing in healthcare sector, part of SH HoldCo. |
| Dieter Hegele | Founder | Person | Founder of Simon Hegele Group. |
| Satoshi Horikiri | President | Person | President of Nippon Express Holdings, Inc. |