Nippon Express Holdings Inc. has announced an agreement to acquire Metro Supply Chain Group Inc. in a deal valued at approximately $1.8 billion.
The transaction includes a potential earnout of up to $400 million, which will be paid to the sellers if the Montreal-based company meets specific financial performance targets.
Metro Supply Chain Group, headquartered in Montreal, operates across Canada, the United States, and the United Kingdom, providing third-party logistics and supply chain solutions to a wide range of industries.
The acquisition is expected to strengthen Nippon Express’s global footprint, as the Japanese firm already delivers logistics services across 57 countries and regions worldwide.
By integrating Metro’s extensive North American and European operations, Nippon Express aims to enhance its end-to-end supply chain capabilities and expand its presence in key international markets.
The deal underscores ongoing consolidation in the global logistics sector, as companies scale operations to meet growing demand for efficient, cross-border supply chain services.
