GXO Cleared for Wincanton Acquisition by CMA
Deal News | Jun 20, 2025 | Home of Direct Commerce
GXO Logistics Inc has secured approval from the UK Competition and Markets Authority (CMA) for its acquisition of UK-based Wincanton, with the condition that certain grocery contracts must be divested to satisfy regulatory requirements. GXO plans to integrate the majority of Wincanton's operations into its business after meeting certain administrative conditions. Malcolm Wilson, CEO of GXO, expressed excitement about merging the two companies, emphasizing the transaction's potential to bolster GXO's presence in critical UK and Irish markets and strategic verticals, driving future growth. The integration is set to begin in the third quarter, with immediate collaboration authorized for aerospace and defense bids. GXO has also upwardly revised its forecasts for organic revenue growth, adjusted EBITDA, and adjusted diluted EPS for the full year, reflecting the anticipated benefits of this acquisition.
Sectors
- Logistics and Supply Chain
- Retail and Consumer Goods
- Aerospace and Defense
Geography
- United Kingdom – The transaction involves UK-based Wincanton and has been reviewed by the UK Competition and Markets Authority.
- Ireland – The integration plans and strategic growth ambitions involve expanding presence across the UK and Ireland.
Industry
- Logistics and Supply Chain – Both GXO Logistics and Wincanton operate within the logistics and supply chain sector, which involves transportation, warehousing, and fulfillment services.
- Retail and Consumer Goods – The mention of grocery contract divestments indicates involvement in the retail and consumer goods industry, relevant to both GXO's and Wincanton's operations.
- Aerospace and Defense – The article mentions ongoing aerospace and defense tenders, highlighting the companies' involvement in this sector.
Financials
- Not specified – The article does not specify a financial amount for the acquisition deal.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| GXO Logistics Inc | Acquiring Company | Company | An American multinational contract logistics company, acquiring Wincanton to enhance its UK and Ireland market presence. |
| Wincanton | Target Company | Company | A UK-based logistics and supply chain solutions company serving various sectors, including retail and defense. |
| UK Competition and Markets Authority (CMA) | Regulatory Authority | Government | The UK governmental body responsible for ensuring fair competition, which cleared the acquisition with specific conditions. |
| Malcolm Wilson | Chief Executive Officer of GXO | Person | CEO of GXO Logistics, responsible for guiding the strategic acquisition of Wincanton. |