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Announced

Completed

Nippon Express USA completed the acquisition of MD Logistics and MD Express.

Synopsis

Nippon Express USA, a global logistics company, completed the acquisition of domestic logistics providers MD Logistics and MD Express. Financial terms were not disclosed. "Nippon was impressed with the MDL brand and expertise, and showcased their strategy for investment and growth within the US domestic warehousing network, servicing the largest life sciences and consumer goods markets in the world. This strategy is in-line with our goals as well, and includes expanding our geographical footprint to enhance our domestic reach, and continual expansion of our cGMP warehousing and cold chain transportation services. Having the ability to tap into a global freight forwarding and warehousing network with strategically located gateways and GDP facilities across the globe makes this partnership even stronger," Mark Sell, MD Logistics President.

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