Why takeover activity has fired up the UK logistics industry
The news last month that distribution firm Clipper Logistics (CLG) had agreed a £965 million takeover offer from US-based rival GXO Logistics has propelled the normally staid world of third-party logistics into the limelight.
Crucially, the deal is predicated on revenue synergies, derived from moves like cross-selling and having complementary geographic locations, rather than cost ...