LYON, FRANCE – 22 October, 2018 – Leroy Merlin, an international home improvement and gardening retailer headquartered in France, has entrusted global logistics provider XPO Logistics with the management of a new site planned near Angers in the Great-West Region. The 42,000-square-meter logistic platform is expected to be complete by the end of this year and start operating in January 2019.
XPO will handle storage, order preparation, cross-docking and distribution of products to Leroy Merlin stores. Staffing is expected to grow to 150 people within three years as activities reach full operation.
Olivier Vasseur, director of logistics operations at Leroy Merlin France, said, “We were convinced by the solutions XPO offered and their strong response to our growth challenges. This new site will allow us to best meet the needs of our customers in the West of France.”
Richard Cawston, managing director–supply chain, XPO Logistics Europe, said, “We are delighted to support Leroy Merlin in the implementation and management of the Angers platform. We already partner with our customer on transport operations, and this new agreement extends our collaboration.”
About XPO Logistics and XPO Logistics Europe
XPO Logistics, Inc. (NYSE: XPO) is a top ten global logistics provider of cutting-edge supply chain solutions to the most successful companies in the world. The company operates as a highly integrated network of people, technology and physical assets in 32 countries, with 1,505 locations and more than 97,000 employees. XPO uses its network to help more than 50,000 customers manage their goods more efficiently throughout their supply chains.
XPO's corporate headquarters is in Greenwich, Conn., USA, and its European headquarters is in Lyon, France. The company conducts the majority of its European operations through its subsidiary, XPO Logistics Europe, in which it holds an 86.25% controlling interest. The remaining stock is traded as XPO on Euronext Paris - Isin FR0000052870.
About Leroy Merlin France
A pioneering company of the ADEO Group, Leroy Merlin is the leading brand in France in the market for home and living environment improvement. Specialized in the sale of products, projects and services, Leroy Merlin France has set itself the ambition of building with all the new ways of living for a better future, and puts customer satisfaction at the heart of its business. More than 23,000 employees in 138 stores in France now support this idea. A mission relayed on the website www.leroymerlin.fr, which is now in the Top 15 of French e-commerce sites with 5.2 million unique visitors per month. Leroy Merlin France currently has an annual turnover of more than €6.64 billion (2017). https://france.leroymerlin.com/fr
This press release includes forward-looking statements within the meaning of United States federal securities law. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. All forward-looking statements set forth in this press release are qualified by factors that might cause or contribute to a material difference in actual results, as discussed in XPO's filings with the U.S. Securities and Exchange Commission and linked to the investor relations section of the company's website, , including: economic conditions generally; competition; XPO’s ability to match its investments in equipment, service centers and warehouses with customer demand; XPO’s ability to attract and retain key employees; and XPO’s ability to develop and implement a suitable information technology system. Forward-looking statements set forth in this press release speak only as of the date hereof, and XPO undertakes no obligation to update forward-looking statements to reflect subsequent events or circumstances, changes in expectations or the occurrence of unanticipated events, except to the extent required by law.
Corporate Communication Director - Europe