News / GXO Wincanton deal could see supermarkets funded to invest in new 3PL

UK supermarkets could be given funding to invest in a 3PL as part of the competition remedies which would allow GXO to take over Wincanton.

The world’s largest pure-play contract logistics operator (PPCLO) GXO has put two alternative potential remedies in front of UK regulators to help get its acquisition of Wincanton over the line.

The Competition and Markets Authority (CMA) has been holding up the £960m deal over concerns it would lead to a substantial lessening of competition in the country’s ...