– Move Aimed at Strengthening Automotive Industry-related Logistics Services –
TOKYO, Oct. 20, 2022 /PRNewswire/ — Nippon Express Europe GmbH (hereinafter “NX Europe”), a bunch firm of NIPPON EXPRESS HOLDINGS, INC., has spun off two of its current business areas in Morocco — the Morocco Branch and the Tanger Med Logistics Center — into subsidiary corporations, newly establishing Nippon Express Morocco SARLAU this previous July and Nippon Express Morocco Free Zone SARLAU in August. An opening ceremony was held in Tangier, northern Morocco, on September 26 to commemorate the founding of those two corporations.
Logo: https://kyodonewsprwire.jp/img/202210128053-O1-GOAN5T75
Opening ceremony attendees: https://kyodonewsprwire.jp/prwfile/release/M103866/202210128053/_prw_PI2fl_J8K8medG.jpg
Speech by President Mitsuru Saito, NXHD: https://kyodonewsprwire.jp/prwfile/release/M103866/202210128053/_prw_PI3fl_oijj771t.jpg
– Purpose of spin-off
The Nippon Express Group’s business growth in Morocco started in December 2017 in Casablanca with the creation of the Morocco Branch, which was adopted by the opening of the Tanger Med Logistics Center in the Port of Tanger Med in June 2019 to offer air/ocean freight forwarding and logistics providers.
Morocco is Africa’s second-largest automobile producer after South Africa, serving similtaneously a complementary nation to Europe. It has for some time seen excessive demand for import/export, procurement, and gross sales logistics centered on the automobile trade, and an growing variety of automobile and automotive elements producers are establishing vegetation in the nation.
NX Europe has included two of its business areas to additional broaden its personal operations and reinforce its business infrastructure in help of its clients’ operations in Morocco. Making full use of its gathered gross sales and operational know-how, the Nippon Express Group will speed up its efforts on behalf of the automotive trade, positioned as a precedence trade in the Group’s business plan.
The Nippon Express Group might be additional increasing its logistics capabilities in Morocco and throughout the remainder of Africa, each of that are anticipated to get pleasure from persevering with development, and aggressively transferring into the African market by leveraging its international community and accrued superior logistics know-how, all of the whereas contributing to the event of its clients’ business actions.
More particulars: https://www.nipponexpress-holdings.com/en/press/2022/17-Oct-22-1.html
Nippon Express web site: https://www.nipponexpress.com/
Nippon Express Group’s official LinkedIn account: https://www.linkedin.com/company/nippon-express-group/
SOURCE NIPPON EXPRESS HOLDINGS, INC.
