MD Logistics and MD Express (collectively, MDL) have been acquired by Nippon Express U.S.A., (NEU), a U.S. based subsidiary of Nippon Express (NEC Japan), a Japanese company. As a wholly owned independent subsidiary of Nippon Express U.S.A., the MD Logistics and MD Express brands and organizational structure will remain intact.
The purchase of MD Logistics is part of the Nippon Express Group Business Plan 2023 "Dynamic Growth" and is also the reason Nippon was chosen by the executive team at MDL.
“When we looked at the market to seek a potential buyer, it was paramount to us that we selected a partner who had a thought out growth strategy for MDL within the industry verticals that we service, and who would value our people, culture and customers. Nippon was impressed with the MDL brand and expertise, and showcased their strategy for investment and growth within the US domestic warehousing network, servicing the largest life sciences and consumer goods markets in the world. This strategy is in-line with our goals as well, and includes expanding our geographical footprint to enhance our domestic reach, and continual expansion of our cGMP warehousing and cold chain transportation services. Having the ability to tap into a global freight forwarding and warehousing network with strategically located gateways and GDP facilities across the globe makes this partnership even stronger,” Mark Sell, President of MD Logistics said.
MDL and NEU will both leverage their respective networks and expertise to further build out supply chain offerings for the life sciences and retail goods industry.
“The Nippon Express Group has a goal to be recognized as a logistics company with a strong presence in the global market. We will accomplish this by providing integrated logistics to customers worldwide by firmly linking the warehousing and distribution services built by MD Logistics to Nippon Express Group's international forwarding,” said Toshiro Uchida, Senior Managing Executive Officer of Overseas Business.