Hundreds of jobs at XPO Logistics’ depot in Stone, Staffordshire are under threat after Sainsbury’s decision to transfer its operations to a new national DC. The supermarket giant plans to move its operations from Stone […]
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 […]
Hervé Montjotin, formerly chief executive of Norbert Dentressangle, has left his position as chief executive of XPO’s European business less than three months into his new role.
Norbert Dentressangle has been officially purchased by XPO Logistics. The deal to acquire 67% of the business from the Norbert family has gone through less than six weeks after an unsolicited €3.24bn (£2.3bn) bid was […]