NYK Group Acquires UK-Based Delivery Platform Business for E-Commerce Operators
On February 21, International Logistics Group Limited (“ILG”), a U.K. subsidiary of Yusen Logistics Co., Ltd., acquired Noel Topco Limited, a U.K.-based holding company of 10 companies, including Global Freight Solutions Limited (“GFS”). The acquisition is part of the logistics business growth strategy outlined in the medium-term management plan announced by the NYK Group in March 2023. The acquisition realizes ambidextrous management, which aims for growth through the investment of profits from existing businesses in new ones. ILG, which has been steadily expanding its business, specializes in fulfillment services for ...
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