GXO’s State-of-the-art Dormagen Site at Full Capacity

Rhea-AI Summary

GXO Logistics announced its 36,000 square meter multi-tenant warehouse in Dormagen, Germany has reached full capacity, marking a significant milestone in its German expansion strategy. The facility serves diverse industries including aerospace, food & beverage, and consumer goods, offering services like picking, packaging, and quality control. The site also features GXO ServiceTech, providing repair and returns services for consumer electronics.

The company has secured strategic partnerships, including a 20-year agreement with Levi Strauss & Co. for a distribution center in Dorsten and a contract with Tchibo to operate one of Europe's largest high-bay warehouses starting March 2025, demonstrating its commitment to growth in Germany, Europe's largest logistics market.

Positive

• Reached full capacity at 36,000 square meter Dormagen warehouse
• Secured 20-year partnership with Levi Strauss & Co.
• Won long-term contract with Tchibo for major European warehouse operation
• Expanded service offering with GXO ServiceTech for electronics repair and returns

Negative

• None.

News Market Reaction

+2.48%

1 alert

+2.48% News Effect

On the day this news was published, GXO gained 2.48%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

• Industry leader continues its multi-year plan to significantly expand its operations
  in Germany, Europe’s largest logistics market
• Customers include prominent industry leaders in aerospace, food & beverage and consumer goods

DORMAGEN, Germany, Oct. 30, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced its state-of-the-art 36,000 square meter multi-tenant warehouse in Dormagen near Düsseldorf is completely at full capacity an important milestone in the US company’s growth strategy in Germany.

“We see a long runway for growth in the German contract logistics market where demand for increased supply chain efficiency and modernization are driving strong demand for logistics expertise,” said Richard Cawston, Chief Revenue Officer, GXO. “The market's high demand for modern technology-supported, tailor-made and agile logistics solutions makes GXO an ideal partner for companies operating in Germany.”

The Düsseldorf region is a logistics hotspot in Germany. GXO’s Dormagen site serves customers across a range of industries, including aerospace, food and beverage and consumer goods, with services such as picking, packaging, quality control and package scanning. In addition, GXO’s Dormagen site offers GXO ServiceTech, the industry-leading repair and returns service for consumer electronics. The end-to-end service offering includes repairs, upgrades and refurbishment, data cleansing and secure disposal, customer service call centers, warranty management, warehousing, logistics, accreditation and resale, helping clients achieve their sustainability goals.

GXO in Germany

Germany is a long-term strategic growth market for GXO, and the company plans to significantly expand its activities in the region over the coming years. In addition to its Dormagen site, GXO announced a 20-year partnership with Levi Strauss & Co. to manage operations at a state-of-the-art Germany distribution center in Dorsten, as well as a long-term contract with Tchibo, a leading German retailer and coffee distributor, to operate one of the largest high-bay warehouses in Europe, beginning in March 2025.  

GXO has been operating in Central Europe, including Germany, for more than 20 years, serving customers in the e-commerce, fashion, FMCG and DIY sectors. As GXO continues to grow, it remains focused on innovation, sustainability and creating a diverse and inclusive workplace for its employees.

Media contacts

Anne Lafourcade 
+33 (0)6 75 22 52 90 
anne.lafourcade@gxo.com

Attachment

• Dormagen Site PR interior

FAQ

What is the size of GXO's new warehouse in Dormagen, Germany?

GXO's warehouse in Dormagen is 36,000 square meters in size.

What major partnerships has GXO (NYSE: GXO) announced in Germany?

GXO has announced a 20-year partnership with Levi Strauss & Co. in Dorsten and a long-term contract with Tchibo to operate one of Europe's largest high-bay warehouses starting March 2025.

What industries does GXO's Dormagen facility serve?

The Dormagen facility serves customers in aerospace, food and beverage, and consumer goods industries.

What services does GXO ServiceTech offer at the Dormagen location?

GXO ServiceTech offers repairs, upgrades, refurbishment, data cleansing, secure disposal, customer service, warranty management, warehousing, logistics, accreditation, and resale services.