Notice of Completion of Acquisition of shares of Tramo SA

Tramo
November 2nd , 2023
NIPPON EXPRESS HOLDINGS, INC.

NIPPON EXPRESS HOLDINGS, INC. (the “Company” or “we”) hereby announces as of October 31, 2023, that as announced on August 21, 2023, in the “Acquisition of Shares of Tramo SA (To become a fully owned subsidiary)”, it has completed the acquisition of shares of Tramo SA a logistics company operating across Europe and the USA, through NIPPON EXPRESS ITALIA S.p.A.

(1)

Trade name

Tramo SA

(2)

Headquarters address

Via General Dufour no. 6, Chiasso, Switzerland

(3)

Representative

Arnaldo Vivoli, Group CEO

(4)

Business

High-end design furniture logistics

(5)

Incorporation date

1984

(6)

Performance in the last business year
(Ending December 2022) ※

Consolidated Sales: EUR 116,995 thousand (JPY 18,134 million)

Consolidated EBIT: EUR 15,737 thousand (JPY 2,439 million)

(7)

Major shareholders and shareholding ratios

NIPPON EXPRESS ITALIA S.p.A. 100%

※ Converted at the exchange rate of EUR 1 = JPY 155.

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