Sunday, June 22, 2025
Home News NYK buys UK-based logistics firm

NYK buys UK-based logistics firm

International Logistics Group (ILG), a UK subsidiary of NYK Line’s Yusen Logistics, acquired Noel Topco, a UK-based holding company of 10 companies, including Global Freight Solutions (GFS).

The acquisition is part of the logistics business growth strategy outlined in the medium-term management plan announced by the NYK Group in March 2023.

NYK said the acquisition realizes ambidextrous management, which aims for growth through the investment of profits from existing businesses in new ones.

ILG specializes in fulfillment services for e-commerce businesses, from order receipt to delivery, while the UK e-commerce market is in strong demand and is the third largest in the world after China and the United States.

GFS, the operating company of Noel Topco Limited, provides platform services to manage and coordinate end-consumers, e-commerce retailers, fulfillment centers, and carriers for product delivery and returns, offering a wide range of delivery areas, dates, and rates to meet increasingly diverse and sophisticated customer needs.

The acquisition aims to add a new platform service to the NYK Group’s logistics business with the Japanese company aiming to grow its business further by building a solid foundation in the e-commerce market, promising continual expansion.





Antonis Karamalegkos
Managing Editor

Latest Posts

Scenario planning for Mediterranean ports growth amid ongoing tensions

The sustained growth of Mediterranean port traffic, driven by increased Asia-Europe trade and the Red Sea crisis, presents a dynamic landscape for global shipping. Assuming...

Thessaloniki port Revival: Balkan gateway reawakens

 For decades, Thessaloniki was a port with strategic promise but structural limitations, ideally located at the crossroads of Europe and the Balkans, yet constrained...

Vigor Marine Group’s consolidation signals US push to counter China’s shipbuilding dominance

In a bold move to strengthen America’s maritime capabilities, five leading US ship repair and marine service providers have united under a single banner. This...

AI reshape shipping operations

The integration of artificial intelligence into shipping operations, is poised to transform competition in the maritime industry by enhancing efficiency, safety, and sustainability while...

From risk to reliability: The case for specialist freight partners

The freight forwarding landscape is increasingly complex. Importers and exporters are navigating a minefield of shifting customs regulations, stricter environmental pressures, and a rapidly...
error: Content is protected !!