GXO has suggested two remedies to the CMA in relation to its proposed takeover of Wincanton.
The preferred option is to
- a) provide a fund for each grocery customer currently serviced by either of the parties, for the purposes of sponsoring the entry or expansion of a new 3PL to supply dedicated warehousing to UK grocers and
- b) to offer contract term guarantees to all grocery customers of either party to include, if they wish, the retention of existing contract terms for existing grocery customers and the offer of existing contract terms to new grocery customers and/or contracts.
The second remedy involves the divestment of Wincanton’s dedicated warehousing services business to UK grocery customers, which provides dedicated warehousing services to certain grocery customers (the Divestment Customers). The divestment package is comprised of:
- (a) the Divestment Customers; and
- (b) all tangible or intangible assets, employees and supplier contracts necessary to service the relevant Divestment Customers’ contracts.
The full document can be viewed here and look for the entry for 7th March 2025
