Mergers and Acquisitions

Metro Supply Chain Group in its joining NX Group Metro Supply Chain Group in its joining NX Group

Metro Supply Chain Group
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Samuel Cantin

Associate, Corporate, Montréal

Joshua Blatt

Associate, Corporate, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

David Dueck

Partner, Competition/Antitrust and Foreign Investment, Toronto

David Wilson

Partner, Tax, Montréal

Evan Belfer

Associate, Tax, Montréal

Matthew Kronby

Partner, Competition, Trade and Foreign Investment, Toronto

Chelsea Rubin

Associate, Competition, Trade and Foreign Investment, Toronto

Jennifer Fairfax

Partner, Litigation; Regulatory, Indigenous and Environmental, Toronto

Sam Ip

Partner, Technology, Toronto

Julien Ranger

Partner, Pensions and Benefits, Montréal

François Joli-Coeur

Partner, Privacy and Data Management, Montréal

Stefan Fews

Partner, Real Estate, Montréal

On April 17, 2026, Metro Supply Chain Group announced that LDC Metro Holdings Inc. (LDC), its majority shareholder, together with La Caisse, entered into an agreement for the sale of Metro Supply Chain Group to Nippon Express Holdings Inc. (NX Group), a global logistics group headquartered in Japan with operations across more than 50 countries and listed on the Tokyo Stock Exchange. This transaction values Metro Supply Chain at a purchase price of up to $2.2 billion. The transaction marks the next step in Metro Supply Chain’s long-term development and positions the company for continued growth.

Osler, Hoskin & Harcourt LLP advised Metro Supply Chain Group with a team led by Niko Veilleux and consisting of Samuel Cantin and Josh Blatt (M&A), Michelle Lally and David Dueck (Regulatory), David Wilson and Evan Belfer (Tax), Matthew Kronby and Chelsea Rubin (Trade), Jennifer Fairfax (Environmental), Sam Ip (Technology), Julien Ranger-Musiol (Employment and Labour), François Joli-Coeur and Catherine Labasi-Sammartino (Privacy) and Stefan Fews (Real Estate).

Value
$2.2 billion
Date Announced
April 17, 2026
Lead Office
Montreal
Key Contact
Niko Veilleux

Partner, Corporate, Montréal

Team
Samuel Cantin

Associate, Corporate, Montréal

Joshua Blatt

Associate, Corporate, Montréal

Michelle Lally

Partner, Competition/Antitrust and Foreign Investment, Toronto

David Dueck

Partner, Competition/Antitrust and Foreign Investment, Toronto

David Wilson

Partner, Tax, Montréal

Evan Belfer

Associate, Tax, Montréal

Matthew Kronby

Partner, Competition, Trade and Foreign Investment, Toronto

Chelsea Rubin

Associate, Competition, Trade and Foreign Investment, Toronto

Jennifer Fairfax

Partner, Litigation; Regulatory, Indigenous and Environmental, Toronto

Sam Ip

Partner, Technology, Toronto

Julien Ranger

Partner, Pensions and Benefits, Montréal

François Joli-Coeur

Partner, Privacy and Data Management, Montréal

Stefan Fews

Partner, Real Estate, Montréal