Add-on Acquisition • Transportation

Nippon Express Acquires Tramo

On November 2, 2023, Nippon Express acquired transportation company Tramo

Acquisition Context
  • This is Nippon Express’ 4th transaction in the Transportation sector.
  • This is Nippon Express’ 1st transaction in Switzerland.

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M&A Deal Summary

Date November 2, 2023
Target Tramo
Sector Transportation
Buyer(s) Nippon Express
Deal Type Add-on Acquisition

Target Company

Tramo

Chiasso, Switzerland
Tramo is a logistics company that provides freight forwarding via land, sea, and air, as well as white-glove services (including value-added services during delivery, such as installation) and storage, mainly for high-end furniture manufactured in Italy. Tramo is based in Chiasso, Switzerland.
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Buyer Overview 1

Buyer

Nippon Express

Tokyo, Japan

Category Company
Founded 1872
Sector Transportation
Employees76,389
Revenue 2.58T JPY (2024)
DESCRIPTION

Nippon Express is a logistical consultant, providing one-stop business solutions that connect people and companies beyond national and regional boundaries, through diverse logistics modes, integrating land, air, and marine transport. Nippon Express was founded in 1872 and is based in Tokyo, Japan.


Deal Context for Buyer #
Overall 4 of 7
Sector: Transportation 4 of 5
Type: Add-on Acquisition 4 of 5
Country: Switzerland 1 of 1
Year: 2023 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-03 MD Logistics

Plainfield, Indiana, United States

MD Logistics is a domestic logistics provider for the pharmaceutical and retail industries. MD Logistics was founded in 1996 and is based in Plainfield, Indiana.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-11 Gatik AI

Mountain View, United States

Gatik AI is a company developing autonomous driving technology for commercial trucks and providing logistics services utilizing its self-driving vehicles in the U.S and Canada. Gatik AI is based in Mountain View, California.

Buy -