International Logistics Group (ILG), a UK subsidiary of NYK Line’s Yusen Logistics, acquired Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions (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.
NYK said the acquisition realizes ambidextrous management, which aims for growth through the investment of profits from existing businesses in new ones.
ILG...
https://container-news.com/nyk-buys-uk-based-logistics-firm/