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. […]
Strood, Rochester-based R Swain & Sons has delivered a boost to its special projects division with the acquisition of specialist plant and services firm Gatwick Plant.
Gregory Distribution has acquired West Sussex-based Philson Haulage for an undisclosed sum.