Announced
Completed
Synopsis
GXO Logistics, an American global contract logistics company, completed the acquisition of Wincanton, a supply chain partner, for £764m. "We are very pleased to complete this valuable acquisition for our company, which advances our position as the global pure-play logistics leader, and we look forward to welcoming Wincanton’s high-quality team to GXO. By combining Wincanton’s footprint and proven expertise in the UK and Ireland with our global reach and transformative technology, we can provide a wider range of services to new and existing customers across geographies – and accelerate our long-term growth trajectory," Malcolm Wilson, GXO CEO. GXO Logistics' offer was selected over a bid from CMA CGM-backed CEVA Logistics.
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