GXO hits key milestone in acquisition of Clipper


 

GXO Logistics has completed its cash and share offer for Clipper Logistics. The two companies will continue to be run independently until the UK Competition and Markets Authority (CMA) has completed its review, which is expected later in 2022. The transaction, announced at the end of February this year, brings together two major industry heavyweights with highly complementary service offerings, customer portfolios, and footprints in the UK and Europe. Announcing the completion, GXO said the deal will see Clipper expand […]