Bain Capital to acquire Nissin for JPY112bn.

Bain Capital, a private equity firm, agreed to acquire Nissin, a Japanese logistics group, for JPY112bn. The move to take Nissin private underscores growing private equity interest in Japan’s fragmented logistics market, which is undergoing rapid transformation due to regulatory shifts and labour constraints. New overtime limits for drivers have intensified pressure on the industry, spurring consolidation.