Nichirei Corporation to Acquire Malaysia’s ICCL Group, Expanding Cold Chain Logistics Presence in Southeast Asia
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Nichirei Corporation's subsidiary, Nichirei Logistics Group Inc., has signed a share purchase agreement to acquire Malaysia's ICCL Group, enhancing its cold chain logistics in Southeast Asia. The deal, signed on September 26, 2025, is expected to finalize by December 2025. This acquisition will strengthen Nichirei's operations in Malaysia and leverage ICCL's cross-border transportation capabilities, integrating with existing bases in Thailand and Vietnam.
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