Norbert Dentressangle has today (4 July) began trading on the NYSE Euronext London stock exchange, following approval from the UK Listing Authority. Chief executive Hervé Montjotin rang NYSE Euronext’s opening bell in London this morning to celebrate its first day of trading. The firm, which is already listed on the NYSE Euronext Paris stock exchange, will trade under the code GND. Montjotin said the listing will help give the company access to London-based investors. He said: “We also believe our […]
Norbert Dentressangle (ND) has won a £100m, five-year deal with electrical retailer Comet to handle its UK warehousing and distribution. The contract involves ND managing store picking, dispatch and returns management at Comet’s RDCs in Skelmersdale, Lancs and Harlow, Essex. It will also bulk pick product for trans-shipment into Comet’s network of 12 home-delivery platforms. Using a dedicated fleet of around 50 tractors and 160, mainly double-deck, trailers, ND will be responsible for all distribution leaving the two RDCs, as well […]
Norbert Dentressangle and the UK arm of customer Mitsubishi Electric Europe have jointly purchased a Daf LF Hybrid. The 12-tonne diesel/electric hybrid has joined the operator’s dedicated distribution fleet, which moves large industrial air conditioning units, Ecodan heating systems, spare parts and instruction manuals, for Mitsubishi Electric Europe. Norbert Dentressangle has handled UK distribution for the manufacturer since 2008, and typically handles 300 orders per day with a mix of vehicles from 7.5-tonne to 18-tonne delivering the palletised goods. The […]
XPO Logistics has begun raising $3.26bn (£2.1bn) to finance its takeover of Norbert Dentressangle and for other, as yet unspecified acquisitions.