TDG Limited

TDG Limited was a goods transportation, distribution, warehousing and supply chain management company based in England with offices also in Ireland, Belgium, the Netherlands, Spain, Hungary and Germany.

For the aerospace manufacturing company, see TransDigm Group.

TDG Limited
TypePrivate
IndustrySupply chain management
Logistics
Founded1922
DefunctMarch 2011
HeadquartersLondon, England, United Kingdom
Key people
Mike Branigan, CEO
Revenue£662.1 million (2009)
Number of employees
6,500 (2009)
ParentNorbert Dentressangle
then
XPO Logistics
Websitexpo.com

History

The company was formed in 1922 as The General Lighterage Co Ltd.[1] It was first listed on the London Stock Exchange in 1950, and changed its name to Transport Development Group in 1957.[1] It started to expand into Europe in 1963, and acquired Van Straaten in the Netherlands in August 1999.[2] The name changed to TDG plc in 2000.[1]

The company acquired IWT Holdings, an Irish logistics business, in August 2001,[3] Mond & Cie, a Belgian logistics business, in March 2006[4] and Doman S.A., a Spanish logistics business, in February 2007.[5] In July 2008, TDG was taken private by the Laxey Investment Trust (later renamed Douglas Bay Capital) through Laxey Logistics and was subsequently removed from London Stock Exchange.[6]

On 26 November 2010, Norbert Dentressangle reached an agreement to buy Laxey Logistics Ltd (which owns 100% of TDG Ltd and all its subsidiaries) from Douglas Bay Capital. The transaction was completed on 29 March 2011, following approval from the European Commission.[7][8] TDG Limited became a subsidiary of XPO Logistics after Norbert Dentressangle was acquired by XPO Logistics in 2015.[9]

Activities

The company is organised into four sectors; Transport and Distribution, Warehousing and Storage, International Services and Support Services [10] and offers the following services:[11]

  • Logistics warehousing and shared user warehousing
  • Transport logistics, hazardous goods transport, bulk and packed chemical transport
  • Distribution logistics, 3PL, High-Cube transport network
  • Flexible end to end supply chain management
  • Bulk chemical storage and hazardous goods warehousing
  • Temperature controlled warehousing and distribution
  • International freight forwarding by air, sea or road
  • 4PL services that maximise efficiency and reduce costs
  • Customs brokerage services
  • Value added services including: tank cleaning, drumming, blending, mixing, contract packing and IBC cleaning and management.

References
  1. "TDG: History". Archived from the original on 12 April 2009. Retrieved 21 May 2009.
  2. Transport Development Group buys Van Straaten from WM Holdings GmbH Mergers & Acquisitions, 25 August 1999
  3. TDG plc acquires IWT Worldwide Logistics Mergers & Acquisitions, 1 August 2001
  4. TDG plc acquires Mond & Cie Mergers & Acquisitions, 1 March 2006
  5. TDG plc acquires Doman S.A. Mergers & Acquisitions, 28 February 2007
  6. Laxey agrees to buy UK's TDG for $403 m Reuters, 4 July 2008
  7. Norbert Dentressangle buys TDG Retail Gazette
  8. Norbert Dentressangle completes acquisition of TDG
  9. "US logistics group XPO buying France's Dentressangle". Business Insider. 28 April 2014.
  10. TDG - Sectors
  11. TDG - Capabilities
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.