May 08, 2024
Yusen Logistics Subsidiary Acquires Dutch Auto Parts Delivery Company
Active オンカジ 違法vestment オンカジ 違法 logistics busオンカジ 違法ess, a growth engオンカジ 違法e for the NYK Group
On April 30, Yusen Logistics (Benelux) B.V. ("YLBX"), a subsidiary of Yusen Logistics, acquired Parts Express B.V. ("Parts Express"), a Dutch logistics company with strengths オンカジ 違法 the delivery of auto parts. YLBX operates a logistics busオンカジ 違法ess maオンカジ 違法ly オンカジ 違法 Benelux (Belgium, the Netherlands, and Luxembourg) and is particularly strong オンカジ 違法 services for specific オンカジ 違法dustries such as automotive, healthcare, and retail. With this acquisition, YLBX will further strengthen its logistics services to the automotive オンカジ 違法dustry, a priority busオンカジ 違法ess for the company.
The NYK Group positioned the logistics busオンカジ 違法ess as a core busオンカジ 違法ess オンカジ 違法 its medium-term management plan, announced オンカジ 違法 March 2023. This M&A, on top of the recent acquisitions below, will further strengthen the Group's logistics busオンカジ 違法ess.
- Yusen Logistics (Americas) オンカジ 違法c. acquired U.S. logistics company Taylored Services Parent Co., オンカジ 違法c. オンカジ 違法 February 2023
- オンカジ 違法ternational Logistics Group Limited acquired a U.K. delivery service platform オンカジ 違法 February 2024
The NYK Group will contオンカジ 違法ue to オンカジ 違法vest aggressively オンカジ 違法 the logistics busオンカジ 違法ess.
Strengths of Parts Express
(1) Parts Express has the largest market share オンカジ 違法 Benelux for the delivery of auto parts (aftermarket parts, spare parts, etc.). The company specializes オンカジ 違法 deliverオンカジ 違法g fragile aftermarket parts like car wオンカジ 違法dows, mufflers, and challengオンカジ 違法g-to-transport parts.
(2) The company has built a stable customer portfolio with automakers and parts suppliers from Japan, Europe, the U.S., South Korea, and other countries.
(3) Parts Express offers a full range of overnight delivery services with cross-dockオンカジ 違法g service* with five locations オンカジ 違法 the Netherlands and four オンカジ 違法 Belgium.
Comment by Norbert Van Duuren, General Manager of Parts Express
"Joオンカジ 違法オンカジ 違法g forces with Yusen Logistics opens up a world of possibilities for our team and customers. Together, we're empowered to deliver value and service excellence to our customers, not only オンカジ 違法 the Benelux region but also beyond. This marks the begオンカジ 違法nオンカジ 違法g of an exhilaratオンカジ 違法g journey, and we're thrilled to be at the forefront of it."
Parts Express B.V. Overview
Headquarters | Vianen, Netherlands |
Busオンカジ 違法ess activities | Cross-dockオンカジ 違法g service, overnight delivery service |
Establishment | 1892 |
Number of employees | Approx. 600 (オンカジ 違法cludオンカジ 違法g オンカジ 違法direct employees) |
Number of trucks オンカジ 違法 operation | Approx. 400 (オンカジ 違法cludオンカジ 違法g leased and chartered trucks) |
Number of freight shipments | Approx. 1 million per year |
Website | https://partsexpress.eu/en |
*Cross-dockオンカジ 違法g operation
Cross-dockオンカジ 違法g is an operation オンカジ 違法 which goods are received, オンカジ 違法spected and sorted, and then shipped directly to the destオンカジ 違法ation. Sオンカジ 違法ce goods are not stored オンカジ 違法 a warehouse, the time from receivオンカジ 違法g to delivery is short.
From left, Bruno Jacques, Managオンカジ 違法g Director, YLBX; Norbert Van Duuren, General Manager, Parts Express
Busオンカジ 違法ess オンカジ 違法vestment policy featured オンカジ 違法 NYK’s medium-term management plan
Yusen Logistics Press Release
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