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 […]
UPS has acquired temperature-controlled operator Polar Speed for an undisclosed sum.
Palletline member ARR Craib has purchased fellow Scottish haulage firm McCaul Haulage for an undisclosed sum.
Norbert Dentressangle has won a five year contract with polythene pipe producer Radius Systems.