With a distinct aroma of acquisitions in the air recently following major logistics consolidation emanating out of US-based XPO Logistics, Netherlands-based Jan de Rijk Logistics Group has scooped up fellow compatriot Omega Logistics as it seeks to expand is reach into temperature controlled logistics. Jan de Rijk announced that from 15 September, it has acquired 100 per cent control of Omega Logistics, based in the Netherlands. Omega Logistics is a niche player with a temperature controlled … [Read more...] about Jan de Rijk boosts cold chain focus with Omega buy
XPO Logistics
XPO acquires Norbert Dentressangle
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
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
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