A €3.2bn (£2.3bn) acquisition of French transport and logistics giant Norbert Dentressangle by US group XPO Logistics could be just the first in a series of takeovers of European companies the Greenwich, Connecticut firm’s chairman Bradley Jacobs has said. Speaking the day after news of the takeover emerged, Jacobs said XPO’s move to acquire ND could result in a number of further takeovers in the next two years. “With ND, we have a whole new platform, a whole new geographic […]
XPO Logistics has won a new contract with air conditioning business Fujitsu General Air Conditioning (UK).
XPO Logistics is sponsoring the first ever Tamworth Pride festival in Staffordshire, signalling its support of LGBTQ+ employees.
Norbert Dentressangle’s acquisitions of Christian Salvesen in 2007 and TDG in 2011 made the French group’s UK logistics operation a £1bn a year business, representing almost a third of group turnover, and silencing critics who had questioned the company’s commitment to the UK. […]