Indy Logistics Companies Acquired
Pictured left to right: Mr. Toshiya Abe
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowChicago-based Nippon Express USA Inc. has acquired a pair of logistics companies in Indianapolis. Nippon, a subsidiary of Nippon Express Co. Ltd. in Japan, says the MD Logistics LLC and MD Express LLC brands and organizational structure will remain the same.
Nippon, a provider of transportation and logistics services, says the companies will leverage their networks and expertise to further develop seamless supply chain offerings for the life sciences and retail goods industries.
“When we looked at the market to seek a potential buyer, it was paramount to us that we selected a partner who had a thought out growth strategy for MDL within the industry verticals that we service, and who would value our people, culture and customers,” said Mark Sell, president of MD Logistics. “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.”
Sell says Nippon’s strategy includes expanding MDL’s geographical footprint to enhance its domestic reach, as well as its warehousing and cold chain transportation services. He says having the ability to tap into a global freight forwarding and warehousing network with strategically located gateways and GDP facilities around the world makes the partnership even stronger.
Financial details of the deal were not disclosed.