Norbert Dentressangle name to go as part of takeover

Following the closing, XPO will rebrand the acquired operations under the single global name XPO Logistics. The company expects to have combined scale of approximately 52,350 employees at 863 locations in 27 countries.

XPO will become a top ten worldwide logistics company and a leading European outsourced e-fulfillment provider as a result of the deal.

The acquisition will more than triple XPO’s EBITDA run rate to approximately $545 million, and increase its revenue to approximately $8.5 billion.

It is anticipated that complementary service offerings and geographies will enable widespread cross-selling to an established base of multinational companies.

The transaction is expected to close in the second quarter of 2015.

Norbert Dentressangle’s board unanimously approved the deal.