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NIPPON EXPRESS / CARGO- PARTNER

M.11221

NIPPON EXPRESS / CARGO- PARTNER
October 18, 2023
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Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 4 of Short Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 4

Description of the concentration

This notification concerns the following undertakings:

Nippon Express Holdings, Inc (NX), a Japanese company headquartered in Tokyo and listed on the Tokyo Stock Exchange, and Cargo-Partner Group (CP), headquartered in Austria, controlled by Cargo Partner Group Holding AG (CP Group Holding), Multi Transport und Logistik Holding AG (Multi), Safer Overseas Transport Holding GmbH (Safer) and Cargo-Partner GND GmbH (GND), and Cargo-Partner US Holding Inc (Cargo-Partner US, together with CP Group Holding, Multi, Safer and GND referred to as the Sellers)

NX will acquire, within the meaning of Article 3(1), point (b) of the Merger Regulation sole control of the whole of CP.

The concentration is accomplished by way of purchase of shares.

The main business activities of the undertakings concerned are:

a. for NX: freight forwarding and contract logistics activities.

b. for CP: freight forwarding and, to a lesser extent, contract logistics activities.

Commission européenne/Europese Commissie, 1049 Bruxelles/Brussel, BELGIQUE/BELGIË - Tel. +32 22991111

EUC

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