XPO Logistics has completed the first of two phases in its US$3.53 billion acquisition of France's Norbert Dentressangle. Norbert Dentressangle’s founder and his family divested their 67 per cent share of the company to XPO at price of 217.50 euros per share. Bradley Jacobs, chairman and chief executive officer of XPO Logistics, said, "We're delighted to welcome the customers, employees and suppliers of Norbert Dentressangle to XPO. This combination is an important step in the … [Read more...] about XPO acquires Norbert Dentressangle
Norbert Dentressangle
XPO Logistics to buy Norbert Dentressangle
XPO Logistics is set to buy a majority interest in France-based logistics company Norbert Dentressangle and launch a tender offer for the remaining shares. Headquartered in Lyon, Norbert Dentressangle has 662 locations and approximately 42,350 employees. In a statement released on 28 April, XPO said that Norbert Dentressangle’s transportation and logistics services complement XPO’s offerings in contract logistics, freight brokerage and global forwarding. The total … [Read more...] about XPO Logistics to buy Norbert Dentressangle
Norbert Dentressangle launches time critical services
The Air and Sea division of Norbert Dentressangle has launched new time critical services, offering tailor-made solutions for urgent and specialist deliveries to companies in a wide range of sectors, including oil and gas, automotive, manufacturing, fashion and life sciences. To head up the new business unit, Norbert Dentressangle has recruited time critical expert, Stacy Rouillon, along with a dedicated team of specialists to deliver and develop the company’s time critical … [Read more...] about Norbert Dentressangle launches time critical services
Dentressangle appoints US manager for air and sea
Christophe brings with him a proven track record and almost 30 years of industry experience, with particular expertise in the French, US, Hong Kong and Chinese markets. He will be working to build on Norbert Dentressangle Air & Sea's expertise in the hi-tech, luxury and fashion goods, aerospace, chemicals and project cargo sectors, and to advance the company's position as a major player on the USA-Europe, USA-Far East and USA-South America trade lanes. Christophe Bigot says: "In the … [Read more...] about Dentressangle appoints US manager for air and sea
