TOKYO, JAPAN, February 7, 2025 – SG Holdings, a leading Japanese logistics company, today announced its acquisition of Morrison Express, a global freight forwarding and logistics service provider renowned for its expertise in semiconductor and high-tech logistics. This strategic acquisition will enhance the capabilities of the SG Holdings Group, significantly expanding on its Asian market presence and strengthening its position as a global leader in specialized logistics services.
The acquisition brings together Morrison Express's strong competitiveness in the technology sector, particularly in semiconductors and high-tech products, with the SG Holdings’ extensive logistics network and innovative supply chain solutions. Particularly in relation to the freight forwarding business, Morrison Express’ strength in air freight and high-tech verticals will be complementary with the ocean freight forwarding and commercial verticals (apparel and daily sundries) in which EFL Global, the Group’s core freight forwarding company, has its strengths. This complementary partnership, characterized by minimal overlap creates a powerful synergy that will deliver enhanced value to customers across the globe.
"The acquisition will significantly enhance global network coverage, allowing the SG Holdings Group to provide better logistics solutions across different regions." said Mr. Bokuto Yamauchi, the head of Global Strategy Department - SG Holdings and Chairman and CEO of the Expolanka Group. "Morrison Express' established relationships within the technology sector and strong Asian market presence, combined with their expertise in semiconductor logistics, perfectly complements our existing capabilities and forward-thinking approach to supply chain management."
The merger delivers immediate value to customers through enhanced operational efficiencies, powered by access to new resources, cutting-edge technology, and expanded infrastructure - all working in concert to provide faster, more reliable service. With an expanded geographic reach, the combined entity offers closer proximity to customers, ensuring more responsive support and service delivery. Customers will benefit from comprehensive end-to-end supply chain solutions spanning air, ocean, rail, and road freight, complemented by tailored solutions that leverage Morrison's strong supplier and partner relationships in the technology sector.
This strategic merger reinforces the combined organization's dedication to delivering high standards and innovative solutions across all service offerings. Through shared expertise and resources, the integration positions the company to stay ahead of evolving industry trends and exceed customer expectations in an increasingly dynamic global market.
About the SG Holdings Group
The SG Holdings Group is a comprehensive logistics group that meets all logistics needs of customers, from upstream to downstream. Since the Group was founded in 1957, we have conducted logistics business while inheriting the “hikyaku no kokoro” (the spirit of Edo-era express messengers) of constantly thinking about what we can do for customers and acting with the best of intentions. We are also continuing to embrace the challenge of providing new logistics value to customers based on the corporate philosophy of “Trust, Create, Challenge.”
As a part of the social responsibility of a logistics company, we will give a first priority to safety, putting our efforts into environmental conservation and social contribution activities, and we aim to achieve sustainable growth.
For more information about the SG Holdings Group, visit their website.
About Morrison Express
Established in 1972, Morrison Express has transformed from a Taiwan-based regional forwarder into one of the world’s top 20 players in the air freight market. The success is built on a proven track record of strategic growth and operational excellence. Morrison Express plays a pivotal role in the high-tech industry by providing its logistics expertise across the highly complex value chain. Morrison Express serves a marquee customer base consisting of the world’s best-known technology companies, including semiconductor foundries, makers of semiconductor equipment and branded mobile devices companies. This broad customer base underscores Morrison Express’ leadership and commitment to providing premium service in high-tech logistics.
###
Media Contact:
Jessica Whidt, Warner PR
