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 […]
Marks & Spencer has renewed its contract with Norbert Dentressangle for a further five years.
Framptons Transport Services was in rude financial health when it was acquired by Gregory Distribution earlier this year, according to its most recent filing at Companies House.
More than 600 Comet staff at 12 UK locations have lost their jobs after the joint administrators axed most of its home delivery operation. The collapse of the high street retailer has so far resulted in almost 900 redundancies while Deloitte continues to search for a buyer for all or parts of the business. The 603 workers of the home delivery division are based at 12 hub locations across the country, including 66 at Skelmersdale, 62 at Coatbridge and 59 […]