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 to be one of the top 10 logistics firms in the world. The deal will also mark the end of one of the most prominent family names in European logistics with XPO intending to rebrand the acquired operations under a single global name: XPO Logistics. […]
XPO Logistics has won a national distribution contract with safety equipment manufacturer Arco, in a deal that will see it manage Arco’s £4m, 27,000m2 NDC in Hull.
Kingfisher Group has awarded logistics contracts for B&Q to XPO Logistics and Wincanton following a strategic review of its supply chain.