Completed acquisition of leading Dutch service & repair specialist brings access to new market segments and opportunities for international expansion with key accounts
GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today it is expanding its GXO ServiceTech offering to its customers following the completed acquisition of Service Control inHome BV (“Service Control”), a Netherlands-based specialist for on-site repairs and returns for a range of industry leading home appliance brands.
GXO currently provides a range of value-added services, including fully managed reverse logistics for electronic goods, in North America, the UK and Europe. Recently, GXO announced plans to expand the offering across Europe and North America, including France, Italy, Poland and the U.S.
“Service Control is an excellent addition to our GXO ServiceTech offering, as we continue to expand our capabilities into new markets,” said Richard Cawston, President, Europe, GXO. “This targeted, bolt-on acquisition marks GXO’s entry into new market segments that complement our industry leading portfolio of services and provides opportunities for international expansion with key accounts.”
A part of GXO’s reverse logistics capabilities, GXO ServiceTech comprises the industry leading consumer electronics repair services that GXO gained through its acquisition of Clipper. GXO ServiceTech currently operates multiple sites covering the UK, Belgium, Germany, Luxembourg and the Netherlands. In 2022, the business repaired more than 1.5 million consumer electronics devices, including laptops, televisions, displays, mobile and gaming devices and home appliances, fostering a more environmentally sustainable supply chain.
Terms of the deal are not being disclosed. Regulatory approval is not required.
Despre GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) este cel mai mare furnizor de servicii logistice contractuale dedicate din lume și beneficiază de creșterea rapidă a comerțului electronic, a automatizărilor și a externalizării. GXO se angajează să ofere un loc de muncă diversificat, de clasă mondială, pentru peste 130.000 de membri ai echipei în peste 970 de locații care însumează aproximativ 20 de milioane de metri pătrați. Compania colaborează cu cele mai importante companii blue-chip din lume pentru a rezolva provocările logistice complexe cu soluții avansate din punct de vedere tehnologic pentru lanțul de aprovizionare și comerț electronic, la scară largă și cu rapiditate. Sediul corporativ al GXO se află în Greenwich, Connecticut, SUA. Vizitati GXO.com pentru mai multe informații și conectați-vă cu GXO pe LinkedIn, Twitter, Facebook, Instagram și YouTube.
This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements, including statements regarding the future performance of its customer solutions. These forward-looking statements are qualified by cautionary statements regarding unknown risks, uncertainties, and assumptions as can be found in GXO’s filings with the U.S. Securities and Exchange Commission and accessed through the company’s website http://www.gxo.com.