NX Group announced acquisition of all shares in Metro Supply Chain Group for CAD 1.8 billion (≈207 bn yen), its largest deal ever.
The deal includes a potential earnout up to CAD 400 million (≈46 bn yen) contingent on meeting specified financial targets.
Metro Supply Chain operates 3PL services across Canada, the US and the UK for consumer goods, automotive, manufacturing and healthcare sectors.
The acquisition aims to boost NX Group’s American footprint and support its 2028 “Dynamic Growth 2.0” plan to become a logistics leader.