01.03.2022
Artikel Nummer: 39811
Clipper handing over to GXO?
Clipper Logistics and GXO Logistics, the spin-off of XPO Logistics' global contract logistics segment, are ready: after months of negotiations, the companies have reached agreement on the key terms of a possible cash and share offer for Clipper by GXO, which values the company at GBP 943 million (EUR 1.13 billion).
The deal would not only extend GXO’s network especially in Germany and Poland as well as its vertical presence in life sciences, another key growth area for logistics operators, but significantly reinforce GXO’s position in UK logistics, following the 2020 acquisition of much of Kuehne + Nagel’s UK contract logistics business. (sh)