Nippon Express completed the acquisition of Tramo.

Nippon Express, a global logistics company, completed the acquisition of Tramo, a company that specializes in the transport of high-end furniture and furnishing accessories. Financial terms were not disclosed. "With the integration of Tramo as a subsidiary, the Nippon Express will acquire know-how and capabilities in areas such as collection and delivery, which are optimal for high-end design furniture, thus enabling the Company to broaden its range of solutions it can offer to its customers. In addition, by bringing together the logistics functions of the Tramo and NX's global network, the two groups will be able to expand each other's service line-ups and solution offerings" Nippon Express.