Acquisition History / SG Holdings Co., Ltd. / Morrison Express Worldwide Corporation
SG Holdings Co., Ltd. Acquires Morrison Express Worldwide Corporation
Announced February 7, 2025 — $900M
What happened
SG Holdings, parent of Sagawa Express, agreed to acquire 100% of Taipei-based freight forwarder Morrison Express Worldwide through its Singapore subsidiary. The deal expands SG's air freight capability and its Asian and global network.
- Acquirer
- SG Holdings Co., Ltd.
- Target
- Morrison Express Worldwide Corporation
- Announced
- February 7, 2025
- Price
- $900M
- Industry
- Freight forwarding and logistics
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did SG Holdings Co., Ltd. acquire Morrison Express Worldwide Corporation?
SG Holdings Co., Ltd. acquired Morrison Express Worldwide Corporation on February 7, 2025. This was SG Holdings Co., Ltd.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did SG Holdings Co., Ltd. pay for Morrison Express Worldwide Corporation?
SG Holdings Co., Ltd. paid $900M for Morrison Express Worldwide Corporation.
What does Morrison Express Worldwide Corporation do?
SG Holdings, parent of Sagawa Express, agreed to acquire 100% of Taipei-based freight forwarder Morrison Express Worldwide through its Singapore subsidiary. The deal expands SG's air freight capability and its Asian and global network.
What other Freight forwarding and logistics companies has SG Holdings Co., Ltd. acquired?
Morrison Express Worldwide Corporation is SG Holdings Co., Ltd.'s only publicly tracked acquisition in Freight forwarding and logistics so far.