Nikkon Holdings Co., a Japanese logistics company, is exploring a move to take the company private, according to sources familiar with the matter. The firm is preparing to launch its first bidding round in early June, signaling potential major ownership changes for the transportation and delivery services provider.

Several major US investment funds are expected to participate in the bidding process, including Bain Capital LP, Warburg Pincus LLC, and Blackstone Inc. These firms have shown interest in acquiring the logistics company, though the exact valuation and deal structure remain under discussion.

The potential buyout reflects growing consolidation in Japan's logistics sector as companies modernize operations and compete internationally. Going private would allow Nikkon to restructure without public market pressures while attracting foreign capital for expansion.

This transaction could represent one of the larger private equity deals in Japan's logistics space this year, demonstrating sustained foreign investor appetite for Japanese infrastructure assets amid the country's corporate governance reforms.