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XPO Logistics Acquires Norbert Dentressangle

XPO Logistics, Inc. (“XPO”) today announced that it has consummated the previously announced agreement to purchase all of the shares of Norbert Dentressangle SA held by Mr. Norbert Dentressangle and his family, representing 67% of the company`s outstanding shares, at a 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 continued execution of our growth strategy.”

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Monday
Dec122011

Caterpillar Logistics Announces New California DC

Caterpillar Logistics has announced plans to further enhance the industry’s best global service parts distribution network with the addition of a new parts distribution center in California. The new 400,000-square-foot facility will employ 100 to 150 people and is scheduled to be operational in late 2012.

 “This investment, part of a multiyear expansion and enhancement of the global Cat parts distribution network, demonstrates our deep commitment to Caterpillar customers. We are ensuring that our service parts distribution system serves customer needs better than any competitor, now and in the future,” explained Steve Larson, vice president of Caterpillar Inc. and chairman and president of Cat Logistics.

 

 

 

 

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