NIPPON EXPRESS HOLDINGS, Inc., is pleased to announce that through our subsidiary, Nippon Express (South Asia & Oceania) Pte. Ltd. (President: Katsuhito Kobayashi), we have acquired a 20% shareholding in Cold Chain Bangladesh Limited (hereafter "CCBL"), a logistics company engaged in domestic logistics operations in Bangladesh, on May 15, 2025.
Ahmed Rajeeb Samdani (left), a shareholder of CCBL, and Katsuhito Kobayashi, President of Nippon Express (South Asia & Oceania) Pte. Ltd.
NX entered the Bangladesh logistics market in 2012 and expanded the business primarily through providing international forwarding services, focusing on the apparel industry. Now, in response to growing demand for domestic logistics services and to expand our customer base in Bangladesh, we have decided to further strengthen our domestic logistics operations in Bangladesh.
CCBL, headquartered in Dhaka, Bangladesh, is a third-party logistics company specializing in domestic distribution logistics. CCBL has a nationwide logistics infrastructure with the capabilities for handling all types of goods, including those requiring temperature-controlled storage and transportation.
Our strategy is to strengthen the NX domestic Bangladesh logistics business by leveraging CCBL's domestic logistics network and assets, thereby capturing logistics opportunities arising from growing domestic demand.
Further, by leveraging our global logistics network, including forwarding, we will provide end-to-end solutions for our customers' supply chains.
We aim to realize growth opportunities in Bangladesh at an early stage through this investment in Bangladesh logistics market, thereby contributing to value creation for our customers and stakeholders.
【Overview of CCBL】
| (1)Company Name | Cold Chain Bangladesh Limited |
| (2)Headquarters Address | Shanta Western Tower, Level-5, 501 & 502, 186, Gulshan-Tejgaon Link Road, Tejgaon I/A, Dhaka-1208 |
| (3)Sites and Facilities | 13 sites in 10 cities in Bangladesh (with temperature-controlled storage, see site map below) 50 vehicles (including temperature-controlled vehicles) |
| (4)Representative | Rezaul Alam, President and CEO |
| (5)Business | Logistics (Warehouse deliveries, domestic truck transportation) and other value-added services |
【Site map】
