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. Last month ND revealed an annual global turnover of €4.7bn […]
2015 saw some shocks in the market; FedEx bidding for TNT Express; XPO Logistics buying Norbert Dentressangle and BCA Marketplace buying Eddie Stobart’s automotive business. But they weren’t the only acquisitions in a year packed with M&A activity. We take a look at some of the deals that changed the industry.
A strike by drivers and warehouse staff at the Motherwell site of logistics giant XPO Logistics (formerly Norbert Dentressangle) has been suspended after last-minute negotiations between the company and union Unite.
Marks & Spencer has called time on its Neasden, north London DC. However, the high street retailer has said it will open a 495,000ft² clothing and home DC in Welham Green, Hertfordshire, early next year.