GXO Logistics Inc. Secures UK Regulatory Approval for Wincanton Acquisition, Raises 2025 Financial Guidance

Reuters
2025.06.19 12:12
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GXO Logistics Inc. has received UK regulatory approval for its acquisition of Wincanton, contingent on divesting a few grocery contracts. This allows for the integration of most of Wincanton's business starting in Q3. The companies can also collaborate on aerospace and defense tenders immediately. Following this, GXO has raised its 2025 financial guidance for organic revenue growth, adjusted EBITDA, and adjusted diluted EPS, anticipating synergy benefits from the acquisition.

GXO Logistics Inc., the world’s largest pure-play contract logistics provider, announced the completion of the UK Competition and Markets Authority’s regulatory review of its acquisition of Wincanton. The approval was granted subject to the divestment of a small number of Wincanton grocery contracts in the UK. This clearance allows GXO to integrate the majority of Wincanton’s business, with the integration expected to commence in the third quarter. The two companies are also permitted to collaborate on ongoing aerospace and defense tenders in the UK immediately. As a result of this development, GXO has raised its full-year 2025 guidance on organic revenue growth, adjusted EBITDA, and adjusted diluted EPS, reflecting the anticipated synergy benefits from the acquisition. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. GXO Logistics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9471373-en) on June 19, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)