A 55% rise in turnover at Norbert Dentressangle’s UK group company Norbert Dentressangle Logistics was achieved last year as a result of cost reductions, new business and the first full year’s effect of the acquisition of TDG in October 2011. ND Logistics’ turnover rose from £413.7m to £640.2m during the year for the year ending 31 December 2012. Pre-tax profit rose 9.78% from £10.5m to £11.5m in the same period. Commenting on the results, ND Logistics’ directors said the business […]
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]
TNT Express is to spend €185m (£145m) improving its European road network during the next four years as part of its strategy to move more by road.
The acquisition of Christian Salvesen in 2007 was a watershed moment for Norbert Dentressangle. Not only did it nearly double its turnover over night (from €1.8bn in 2007 to €3.1bn in 2008) it was the catalyst for a major international acquisition spree that has seen it expand its interests into Spain, Italy, Portugal, Russia and the USA. This boom also saw it buy TDG, and its annualised turnover of £700m.