{"id":762372,"date":"2023-06-08T07:03:45","date_gmt":"2023-06-08T11:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/"},"modified":"2023-06-08T07:03:45","modified_gmt":"2023-06-08T11:03:45","slug":"gxo-announces-multi-year-expansion-in-germany","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/","title":{"rendered":"GXO Announces Multi-year Expansion in Germany"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"center\">\n        <em>Opening <\/em><br \/>\n        <em>state-of-the-art <\/em><br \/>\n        <em>3<\/em><br \/>\n        <em>87<\/em><br \/>\n        <em>,000<\/em><br \/>\n        <em> square <\/em><br \/>\n        <em>foot <\/em><br \/>\n        <em>warehouse<\/em><br \/>\n        <em> in Europe\u2019s largest logistics market<\/em>\n      <\/p>\n<p align=\"center\">\n        <em>Central Europe <\/em><br \/>\n        <em>growth <\/em><br \/>\n        <em>strategy <\/em><br \/>\n        <em>led by new Managing Director<\/em><br \/>\n        <em>Stefan van Hoof<\/em>\n      <\/p>\n<p>GREENWICH, Conn. and DUSSELDORF, DE, June  08, 2023  (GLOBE NEWSWIRE) &#8212; \u00a0<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Y46QwNT8yfPDxnGFslUMSyK-yrT3U5hoB13I5FVLUs4hfP8O2nij6h3rcUUlAdqlH73hJngA0rfuTTBldxbqtw==\" rel=\"nofollow noopener\" target=\"_blank\">GXO Logistics, Inc.<\/a> (NYSE: GXO), the world\u2019s largest pure-play contract logistics provider, today announced that it is commencing a multi-year plan to significantly expand the Company\u2019s operations in Germany, Europe\u2019s largest logistics market. In its initial phase, GXO is investing in a new, 387,000 square foot, state-of-the-art warehouse in Dormagen, a key logistics location in the Dusseldorf region, that will be a showcase for GXO\u2019s advanced warehousing solutions.<\/p>\n<p>Richard Cawston, GXO\u2019s President, Europe, said, \u201cOne of the many benefits of our acquisition of Clipper was growing our presence in Germany. We are very excited by the significant growth opportunities in this highly attractive market. Our expansion brings to the market a new approach, new energy, as well as offering greater choice than traditional logistics providers. We\u2019re seeing increasing demand to partner with GXO from existing and new customers in ecommerce, fashion, and consumer technology, because of our agility, unique capabilities and tech expertise.&#8221;<\/p>\n<p>Germany\u2019s contract logistics market, estimated at $20 billion in annual revenue, is expected to grow rapidly due to the ongoing modernization of supply chains, acceleration of nearshoring, and increasing demand from companies to outsource to reduce costs, improve efficiency and deliver a best-in-class consumer experience. The market\u2019s high demand for technology-enabled, customized, agile logistics solutions makes GXO an ideal partner for companies operating in Germany.<\/p>\n<p>The state-of-the art Dormagen facility will be a launchpad for GXO\u2019s market expansion, led by Stefan Van Hoof, who was recently named GXO\u2019s Managing Director of Central Europe, reporting to Richard Cawston. Stefan Van Hoof joined GXO through its 2022 acquisition of Clipper, where he served as CEO of Mainland Europe, and has over two decades of logistics industry experience and a proven track record of driving profitable growth.<\/p>\n<p>\u201cI\u2019m looking forward to leveraging GXO\u2019s best-in-class technologies and customer-centricity to shake up the logistics landscape and rapidly grow our operations in Germany,\u201d added Van Hoof. \u201cOur bespoke offering and cutting-edge technology clearly differentiate GXO in the market and make us an ideal partner for customers looking to evolve and modernize their logistics and warehousing solutions.\u201d<\/p>\n<p>In keeping with GXO\u2019s commitment to sustainability, the new site will target a DGNB Gold Certification and include a range of energy efficient features. GXO is expecting to employ up to 400 team members at full capacity and will implement automation and adaptive technology like goods-to-person and autonomous mobile robots on site based on customer requirements.<\/p>\n<p>GXO has operated in 15 countries across Continental Europe for more than 25 years, serving customers in e-commerce, fashion, FMCG and DIY industries. In Germany, GXO serves businesses like sOliver, Dextro, and Ghostbike, as well as global companies including Kellogg. GXO also directly serves the German market from sites in Poland and the Czech Republic for companies like Zooplus and works across Europe and globally with leading German businesses such as Henkel, BASF, Bayer and OBI to support their logistics operations. The company currently employs approximately 34,000 team members at roughly 500 sites across the region.<\/p>\n<p>\n        <strong>About GXO Logistics<\/strong>\n      <\/p>\n<p>GXO Logistics, Inc. (NYSE: GXO) is the world\u2019s largest pure-play contract logistics provider and is benefiting from the rapid growth of ecommerce, automation and outsourcing. GXO is committed to providing a diverse, world-class workplace for more than 130,000 team members across more than 950 facilities totaling approximately 200 million square feet. The company partners with the world\u2019s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut, USA. Visit\u202f<a href=\"https:\/\/www.globenewswire.com\/Tracker?data=m0eRg2z-uKNfiRWPxmm5o5qJLRVUBHjEagNm6bgYOxfZ5AcA0Ryk6Klz3E3DlQRVfRwiSAbRtdgcdYL9MotHX4is-Ks-bB53mJMbFj3x-6szOwFl_lgP4JsnZ7a8BrwaRYluFK9mz5xG3kJaE3YjSzLMmYDK2sIB7equhY63iOXptbc8bYOmQTlp8jKid6jp\" rel=\"nofollow noopener\" target=\"_blank\"><u>GXO.com<\/u><\/a>\u202ffor more information and connect with GXO on <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=kh6sdj8gigAPdKj9SV_nimGZX7A9gyMM7yG2DGEhZtYe_tonne4Iae0dCWCRooEE18mNb4l-efggdd9PpG_83mJehBU3aZRfKVmdZDurRunQuI1L2hHJGklFEd6iKILCk8BmmqzIMTJVpXuiHbvnQAR8HeIQxUEr2lhCxCINiUmAOT4dd1IBfsrQwz-LCa2_yKKPmi_-ISNh2e7aU2MDKClsYlcRpeo_i1SkoOU2Lpi_3Jc7KUYC-ghDzHxTIYoD\" rel=\"nofollow noopener\" target=\"_blank\"><u>LinkedIn<\/u><\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ieW9Ffy8mWwTiVT_H2WJnawF1_3ftNPoLMV4Oq3oKsRfLCI28Ef0q_Hs8276ZUJYYYJ01xifdQY2XFDq9IKQxE1ZrMkVVEsnOi8R4SWUmVgkkezfhZdipXZRCC65iZDvUUfhSWRyEt6HIoWLSgSICT_SLsrSniVYX2QHKiHlUzfGJq6YR_Zkgt2rgWrofAEFCeo0w9isrh7taHRasckV4hHHFSU9-oCCdUi6a8Ns2j2_K9Rf-LfFHzRuIv4ScxSu\" rel=\"nofollow noopener\" target=\"_blank\"><u>Twitter<\/u><\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ZXqjZqjA0yFoSeqx8jc3pOD4RjCajAnOtCxPQroPNWl5wie1UQ3PkAkofBoCh5H3lgLZTd-C7ujYhwvKq3-3xgyph1ZFFVGhZtPWLG2WysILPEoAKXXlUp4Ml9-eaaqdYi4CF3BeFRpVF_x6D6ow-Zgpd-i-BxpNwMriiag56FJB2mBss5qiGyNUG9lqU_vDLVSpRufgyMwsDCosYjgNXgOhW6eRbQuG4jFs2ONurPfCzhKM-3Cnhxpf-A53yV-g\" rel=\"nofollow noopener\" target=\"_blank\"><u>Facebook<\/u><\/a>, <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=hsAzWi92yCozNxvEyo06VHyw43aPjS_tdNfglxD-9c1XSQyLLTOozBerTAhAkNP3gvQAac7oAOuBbNtQSvFRJi24VIxZWPrUnsT2Y5mzXw6HUFx0wcN6mxleyyedtIRTQkrQAvcgFRD7C8F2XcCEsEOlRVigahr3YqniI0uxm0iJ3wDYfE-NxMCcJm6ZYVQnt1gXgaUHXw_S3LI2kpm17Pb2UAHUEaycpaiEVmK0tCNA55KGS0AEAaI2urknHMnA\" rel=\"nofollow noopener\" target=\"_blank\"><u>Instagram<\/u><\/a> and <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=6mYKtD_vwcVWNcTb-0oODoDYxWvxSaOR0UiBDNQPreqgbg3LbYCb17a8Q0GzNW6XdyRrP2VKIticBXZn6qgSVRhbsz3oIH56WoAQ9uLb1LrpBN-iOVoXfxV9devo7iQ52rlygfR3SRt2lo9vSql96RgGVBmTaz64JmhDOUT-PN4FoTZNRxbVtS0S6V64EEC2ONlzzeSMnWA8rQXs5yw4uCfSfrt-ua1L1mDY-Pf6PZmvcp0NVaydvidSTQ_syAj59ZLacgc3yVsBkWv94qmGpw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>YouTube<\/u><\/a>.\u00a0<\/p>\n<p>\n        <strong>Media contacts<\/strong><\/p>\n<p>Anne Lafourcade\u00a0<br \/>+33 (0)6 75 22 52 90\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=1XDndpYSEYNnZmjfovMQyjR2omc9dz3gQkrMF09t-N9CPyxtgjnb2EUvupI_a9YX_QOazG_rcGLnJ75aOxDpzV2ujd1vM9x8HR9XY1cua50=\" rel=\"nofollow noopener\" target=\"_blank\">anne.lafourcade@gxo.com<\/a>\u00a0<\/p>\n<p>Matthew Schmidt\u00a0<br \/>+1 203-307-2809\u00a0<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=W4QwZZTl8m231Tpk5NZhWZZG3lqQO4mJAnq7BCQNlQCrSuGp9CQyYU3P16wdf5wTNpOahZ3xh9rj54tCiaE28my5skCvHmzGW-mj2tGE2jU=\" rel=\"nofollow noopener\" target=\"_blank\">matt.schmidt@gxo.com<\/a>\u00a0<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>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\u2019s filings with the U.S. Securities and Exchange Commission and accessed through the company\u2019s website <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8Yit3-zYQoZn2YfHjSfM62l1Jljb8o08GSj3huiZqDM7y421cVdxNIMTwPTXc_G2GPab9mx4q19NvDXppkDEow==\" rel=\"nofollow noopener\" target=\"_blank\">http:\/\/www.gxo.com<\/a>.<\/p>\n<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1MzQ4MiM1NjM0Mjc2IzIyMTA1NTQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/MTMyZTY5Y2ItNmFmNi00YWQ1LWEwZWMtYTQ2YmVlNjBiY2FmLTEyMjIxMDc=\/tiny\/GXO-Logistics.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Opening state-of-the-art 3 87 ,000 square foot warehouse in Europe\u2019s largest logistics market Central Europe growth strategy led by new Managing Director Stefan van Hoof GREENWICH, Conn. and DUSSELDORF, DE, June 08, 2023 (GLOBE NEWSWIRE) &#8212; \u00a0GXO Logistics, Inc. (NYSE: GXO), the world\u2019s largest pure-play contract logistics provider, today announced that it is commencing a multi-year plan to significantly expand the Company\u2019s operations in Germany, Europe\u2019s largest logistics market. In its initial phase, GXO is investing in a new, 387,000 square foot, state-of-the-art warehouse in Dormagen, a key logistics location in the Dusseldorf region, that will be a showcase for GXO\u2019s advanced warehousing solutions. Richard Cawston, GXO\u2019s President, Europe, said, \u201cOne of the many benefits of our acquisition of Clipper &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;GXO Announces Multi-year Expansion in Germany&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-762372","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GXO Announces Multi-year Expansion in Germany - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GXO Announces Multi-year Expansion in Germany - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Opening state-of-the-art 3 87 ,000 square foot warehouse in Europe\u2019s largest logistics market Central Europe growth strategy led by new Managing Director Stefan van Hoof GREENWICH, Conn. and DUSSELDORF, DE, June 08, 2023 (GLOBE NEWSWIRE) &#8212; \u00a0GXO Logistics, Inc. (NYSE: GXO), the world\u2019s largest pure-play contract logistics provider, today announced that it is commencing a multi-year plan to significantly expand the Company\u2019s operations in Germany, Europe\u2019s largest logistics market. In its initial phase, GXO is investing in a new, 387,000 square foot, state-of-the-art warehouse in Dormagen, a key logistics location in the Dusseldorf region, that will be a showcase for GXO\u2019s advanced warehousing solutions. Richard Cawston, GXO\u2019s President, Europe, said, \u201cOne of the many benefits of our acquisition of Clipper &hellip; Continue reading &quot;GXO Announces Multi-year Expansion in Germany&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-08T11:03:45+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1MzQ4MiM1NjM0Mjc2IzIyMTA1NTQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"GXO Announces Multi-year Expansion in Germany\",\"datePublished\":\"2023-06-08T11:03:45+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/\"},\"wordCount\":758,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg1MzQ4MiM1NjM0Mjc2IzIyMTA1NTQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/gxo-announces-multi-year-expansion-in-germany\\\/\",\"name\":\"GXO Announces Multi-year Expansion in Germany - 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(NYSE: GXO), the world\u2019s largest pure-play contract logistics provider, today announced that it is commencing a multi-year plan to significantly expand the Company\u2019s operations in Germany, Europe\u2019s largest logistics market. In its initial phase, GXO is investing in a new, 387,000 square foot, state-of-the-art warehouse in Dormagen, a key logistics location in the Dusseldorf region, that will be a showcase for GXO\u2019s advanced warehousing solutions. Richard Cawston, GXO\u2019s President, Europe, said, \u201cOne of the many benefits of our acquisition of Clipper &hellip; Continue reading \"GXO Announces Multi-year Expansion in Germany\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/","og_site_name":"Market Newsdesk","article_published_time":"2023-06-08T11:03:45+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1MzQ4MiM1NjM0Mjc2IzIyMTA1NTQ=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"GXO Announces Multi-year Expansion in Germany","datePublished":"2023-06-08T11:03:45+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/"},"wordCount":758,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg1MzQ4MiM1NjM0Mjc2IzIyMTA1NTQ=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/gxo-announces-multi-year-expansion-in-germany\/","name":"GXO Announces Multi-year Expansion in Germany - 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