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. […]
Mergers and acquisitions (M&A) activity in the transport sector throughout the world is predicted to rise for the fourth consecutive year, according to a report from KPMG.
Norbert Dentressangle has won a contract renewal from helicopter manufacturer AgustaWestland.
This year, 3PLs have won millions in new and renewed business from retailers, manufacturers and service providers in the UK and beyond; some more business than others. Motortransport.co.uk takes a look at 2013’s top contract wins.