Norbert Dentressangle is to be acquired by US 3PL XPO Logistics for €3.24bn (£2.3bn) – in a deal that values ND at €2.17bn and incorporates €1.08bn of net debt – creating what both parties claim to be one of the top 10 logistics firms in the world. The deal will also mark the end of one of the most prominent family names in European logistics with XPO intending to rebrand the acquired operations under a single global name: XPO Logistics. […]
Eastleigh, Hampshire-based Lambert Brothers has been acquired by Kinaxia Logistics, an investment company that also acquired Snetterton, Norfolk-based Foulger Transport last month.
XPO Logistics is to provide warehousing for craft beer company BrewDog.
Norbert Dentressangle has won a new logistics contract with catering equipment and commercial refrigeration supplier Valera.