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Nippon Express to acquire Canada's Metro Supply Chain for $1.3bln

( April 17, 2026, 09:06 GMT | Official Statement) -- MLex Summary: Nippon Express Holdings said Friday it has agreed to acquire all shares of Metro Supply Chain Group for 1.8 billion Canadian dollars ($1.3 billion) as it seeks to expand its logistics services in North America and the UK. The Tokyo-based company plans to purchase the shares from Metro’s two owners through a Canadian special-purpose company. Metro is based in Montreal. The transaction is expected to close by December 2026, subject to regulatory approvals, including the expiration of applicable antitrust and foreign direct investment waiting periods, as well as the receipt of required clearances.Statement is attached. ...

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