Global law firm Ashurst is advising Rothschild & Co in relation to the £965 million recommended cash and share acquisition of Clipper Logistics plc ("Clipper") by GXO Logistics, Inc ("GXO"). Rothchild & Co is acting as financial adviser to GXO.
Clipper is an omni-channel retail logistics specialist, which provides value-added, consultancy-led services to its blue-chip client base. It is a UK leader in its areas, with a long-standing customer base in e-fulfilment, fashion, and high-value logistics.
GXO is the largest pure-play contract logistics provider in the world and an innovator in the logistics industry. GXO provides high-value-add warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services differentiated by its ability to deliver technology-enabled, customised solutions at scale.
The Ashurst team is being led by partners Tom Mercer and Tim Rennie. They are being assisted by senior associates Aimee Carroll-Hewitt and Asil Robertson.
