Norbert Dentressangle

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Norbert Dentressangle SA
Société anonyme
IndustryTransport, logistics, freight forwarding
FateAcquired by XPO Logistics
Founded1979
FounderNorbert Dentressangle
Defunct8 June 2015 (8 June 2015)
Headquarters,
Key people
Hervé Montjotin
(CEO)
Norbert Dentressangle
(chairman)
Revenue€4.03 billion (2013)[2]
€142 million (2013)[2]
A Norbert Dentressangle lorry

Norbert Dentressangle (French pronunciation: ​[nɔʁbɛʁ dɑ̃tʁɛsɑ̃ɡl]) was a major European transport, logistics and freight forwarder.[3] It was founded in 1979, initially concentrating on cross channel transport between France and the United Kingdom.

In December 2007, Norbert Dentressangle doubled its size, and significantly strengthened its position in Europe, with the acquisition of Christian Salvesen, and in March 2011, it bought the British company TDG. The company reported proforma revenues of €3.8 billion for 2012.[2]

In July 2014, Norbert Dentressangle announced that it would be acquiring Jacobson Companies, a United States based 3PL, for $750 million. Jacobson Companies was then the third largest 3PL in the world.[4] Norbert Dentressangle operates from five hundred sites in twenty European countries, and employs 33,000 people.[5]

On 28 April 2015, the group XPO Logistics announced a $3.56 billion (3.24 billion euros) deal to acquire Norbert Dentressangle, including acquired debt.[6] The acquisition was completed on 8 June 2015, and the Dentressangle brand was phased out from June 2015.[7]

References[edit]

  1. ^ Norbert-Dentressangle fête l’arrivée de son siège social à Lyon, Lyon.mag.com, 23 October 2013
  2. ^ a b c "2011 Annual Report" (PDF). Norbert Dentressangle. Archived from the original (PDF) on 2013-02-18. Retrieved 27 September 2012.
  3. ^ "Company Description: Norbert Dentressangle". businessweek.com. Bloomberg L.P. Archived from the original on 2015-05-30. Retrieved 27 September 2012.
  4. ^ "Norbert Dentressangle to buy US-based Jacobson for $750 mln", Reuters, 31 July 2014
  5. ^ "Norbert Dentressangle - Our Values". Archived from the original on 2015-03-16.
  6. ^ "US logistics group XPO buying France's Dentressangle". Business Insider. 28 April 2014.
  7. ^ "Norbert Dentressangle disappears from roads as XPO starts marketing push | SHD Logistics News". SHD Logistics News. Retrieved 2018-07-12.