Logistics sector M&A predictions becoming reality after £2.3bn Norbert Dentressangle bid


 

XPO Logistics’ bid for Norbert Dentressangle is the latest in a predicted flurry of M&A transactions expected to take place during 2015, as the transport and logistics sector grows in confidence. KPMG predicted earlier this month that M&A activity across the global transport sector was set to step-up a gear, with geographical expansion one of the key driving factors. This was underlined by FedEx’s £3.2bn bid for TNT Express, which KPMG said is an example of a classic geographic play […]