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Apr 29, 2015 · Norbert Dentressangle is one of the largest 3PLs in the world, focusing on contract logistics (including e-commerce fulfillment), freight brokerage and transportation, and global forwarding services. It has 662 locations, roughly 42,350 employees and has a “blue chip” customer base comprised of some of the largest global shippers.
- Highlights of The Proposed Transaction
- Compelling Rationale and Commercial Synergies
- Advisors
- Conference Call
- About Xpo Logistics, Inc.
- About Norbert Dentressangle
The market value of the transaction for Norbert Dentressangle shareholders is €2.17 billion, based on 9.9 million fully-diluted outstanding shares. The total transaction value is approximately €3.2...XPO has entered into a binding agreement to purchase from Mr. Norbert Dentressangle and his family all of their shares in Norbert Dentressangle, representing 67% of the company’s outstanding shares...The purchase price represents an aggregate consideration of 9.1 times consensus 2015 EBITDA of €357 million (approximately $388 million USD). The per-share cash price represents a premium of approx...The transaction is not conditioned on financing. Morgan Stanley has provided a financing commitment for up to $2.6 billion. XPO has over $1 billion in cash and an undrawn $415 million ABL revolver.Norbert Dentressangle offers services that strongly mirror XPO’s portfolio: contract logistics, including e-fulfillment; freight brokerage; an asset-light palletized network; freight management; de...XPO expects to realize substantial, company-wide cross-selling opportunities from the combination. For 36 years, Norbert Dentressangle has built a loyal base of blue chip customers that includes mu...Norbert Dentressangle’s Red Online service leads the €5 billion outsourced e-fulfillment market in Europe, with €242 million revenue in 2014 and 31% organic growth. It serves both B2B and B2C custo...XPO will gain global scale in freight brokerage and managed transportation, two of its core services, with the ability to employ technology and best practices. XPO intends to deploy its proprietary...Morgan Stanley is serving as financial advisor to XPO Logistics, and Wachtell, Lipton, Rosen & Katz and Darrois Villey Maillot Brochier are acting as legal advisors. Rothschild and JP Morgan are serving as financial advisors to Norbert Dentressangle, and Bredin Prat is acting as legal advisor.
XPO Logistics will hold a conference call to discuss the proposed transaction on Wednesday, April 29, 2015, at 8:00 a.m. Eastern Time / 14:00 Central European Time. Participants can call toll-free (from U.S./Canada) 1-800-708-4539; international callers dial +1-847-619-6396. A live webcast of the conference will be available on the investor relatio...
XPO Logistics, Inc. (NYSE: XPO) facilitates more than 37,000 deliveries a day as one of the fastest growing providers of transportation logistics services in North America. XPO is a leading provider of highly engineered, technology-enabled contract logistics, the second largest freight brokerage firm, the third largest provider of intermodal servic...
Norbert Dentressangle, with headquarters in Lyon, France, is a leading global provider of contract logistics, including e-commerce fulfillment; freight brokerage and transportation; and global forwarding services. The company had pro-forma 2014 revenue of €5.1 billion. Norbert Dentressangle has approximately 42,350 employees and 662 locations in 24...
Jan 12, 2021 · XPO’s logistics segment currently has approximately 212 million square feet (20 million square meters) of space at 890 locations worldwide. About XPO Logistics. XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a ...
Apr 28, 2015 · Headquartered in Lyon, France, Norbert Dentressangle has 662 locations and approximately 42,350 employees, and serves a blue chip customer base that includes some of the world's largest companies. Norbert Dentressangle's transportation and logistics services complement XPO's offerings in contract logistics, freight brokerage and global forwarding.
The development of Norbert Dentressangle confirms the robustness and efficiency of its development model in the world of supply chain players. I see evidence of this in the gradual integration, by means of internal and external growth, firstly of the two areas of expertise in Europe - transport and logistics - followed by a third area of expertise, freight forwarding, which has made our ...
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Jun 9, 2015 · Norbert Dentressangle is one of the largest 3PLs in the world, focusing on contract logistics (including e-commerce fulfillment), freight brokerage and transportation, and global forwarding services. It has 662 locations, roughly 42,350 employees and has a “blue chip” customer base comprised of some of the largest global shippers.
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Apr 28, 2015 · Founder Norbert Dentressangle will sell his family’s 67 percent ownership in the Lyon, France-based company for 217.50 euros per share, according to XPO. XPO, based in Greenwich, Connecticut, will then start a tender offer for the remaining stake at the same price.
