As cargo-partner celebrates its 40th anniversary, founder Stefan Krauter has decided to sell the Austrian global logistics player to Nippon Express Holdings for €845 million ($921 million). Nippon will pay an additional €555 million ($605 million) on meeting certain targets
Following the integration policy we have seen from NX Group so far, cargo-partner will remain cargo-partner in regard to both organisation and branding – and it will become the strongest cargo-partner ever: Stefan Krauter
cargo-partner’s turnover increased 14% to €2.06 billion ($2.3 billion) in 2022 compared to 2021 when it had increased 72% YoY to over €1.8 billion.
Nippon Express, a provider of logistics services based in Tokyo, has a strong global network that spans over 40 countries with direct operations in 33 nations
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