TOKYO -- Nippon Express Holdings, the holding company of Nippon Express, will purchase a majority stake in Austrian logistics company Cargo-Partner for over 100 billion yen ($743 million), Nikkei has learned.
Business deals
Nippon Express Holdings to buy Austria's Cargo-Partner for $743m
Japanese shipper hopes to become more internationally competitive with buyout
Nippon Express hopes to strengthen its business in Europe and the U.S. with its planned purchase of Austrian logistics company Cargo-Partner. © Reuters
Read Next
Latest on Business deals
