Norbert Dentressangle has been officially purchased by XPO Logistics. The deal to acquire 67% of the business from the Norbert family has gone through less than six weeks after an unsolicited €3.24bn (£2.3bn) bid was made by the US firm for the business. XPO will now launch a tender to acquire the remaining stock in Norbert Dentressangle at a price of €217.50 per share. This represents a 34% premium over the closing price of ordinary shares in the company on […]
The Swain Group has purchased Derby-based Jeffrey’s Haulage for an undisclosed sum.
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. […]