Yusen Logistics, a subsidiary of NYK Group, is set to acquire the healthcare logistics division of the Walden Group. The transaction involves purchasing the entire share capital of Movianto International B.V. through a Put Option Agreement with Walden Group International Holding B.V.
Following the necessary consultations with works councils under European law, Yusen Logistics Europe (YLEU) and Walden will proceed to sign a Share Purchase Agreement. The acquisition will make Movianto a fully owned subsidiary of YLEU, subject to regulatory approval.
The healthcare logistics business being acquired includes Movianto, Eurotranspharma, Transpharma International, and Walden Digital. The division provides a range of services, such as contract logistics, 4PL, and temperature-controlled transport, across 12 countries in Europe. Walden Digital offers advanced supply chain visibility solutions, which complement Yusen’s existing logistics capabilities.
This acquisition marks a significant step in Yusen Logistics’ strategic expansion in the healthcare logistics sector, a key growth area for the company. The acquisition will bolster Yusen’s presence in Europe and enhance its ability to deliver high-value services globally. It follows earlier acquisitions in the UK and Netherlands, reinforcing Yusen Logistics’ position in the global logistics market.
