NYK Group has acquired a 30% stake in Consorcio de Servicios Internacionales S.A. (CSI) Group, a car logistics company in Mexico.

The Tokyo signing ceremony was attended by Leon Antonio Flores Elizondo, ceo of the CSI Group, and NYK president Yasumi Kudo.

The deal is part of a move by NYK toward total provision of logistics services to the flourishing Mexican automotive industry, which is seeing rising demand for finished cars both domestically and abroad.