Norbert Dentressangle

About Norbert Dentressangle

Birth Place: Lyon, France, France
Type: Société anonyme
Industry: Transport, logistics, freight forwarding
Founded: 1979
Founder: Norbert Dentressangle
Headquarters: Lyon, France
Key people: Hervé Montjotin (CEO) Norbert Dentressangle (chairman)
Revenue: €4.03 billion (2013)
Net income: €142 million (2013)
Website: http://norbert-dentressangle.com

Norbert Dentressangle Net Worth

Norbert Dentressangle was born in Lyon, France, France. Norbert Dentressangle sold his eponymous transportation and logistics company to XPO Logistics for $3.53 billion in June 2015. He founded Norbert Dentressangle SA in 1979 and through acquisitions grew into one of the largest European firms in the industry. By 2015, it had $5.5 billion in revenues and more than 43,000 employees in 25 countries. Now he focuses on real estate, industrial ventures and other investments through his family-owned holding company, Dentressangle Initiatives. In December 2016, he stepped down from his role as vice chairman of the board of AXA, a French insurance and asset management firm, to focus on managing the investment firm. The low-profile billionaire lives with his family in Lyons, France.
Norbert Dentressangle is a member of Logistics

💰 Net worth: $1.17 Billion (Updated at 22 June 2018)

2016 $1.1 Billion
2017 $1.1 Billion
2018 $1.24 Billion

Some Norbert Dentressangle images

Biography/Timeline

2007

In December 2007, Norbert Dentressangle doubled its size, and significantly strengthened its position in Europe, with the acquisition of Christian Salvesen, and in March 2011, it bought the British company TDG. The company reported proforma revenues of €3.8 billion for 2012.

2014

In July 2014, Norbert Dentressangle announced that it would be acquiring Jacobson Companies, a United States based 3PL, for $750 million. Jacobson Companies was then the third largest 3PL in the world. Norbert Dentressangle operates from five hundred sites in twenty European countries, and employs 33,000 people.

2015

On 28 April 2015, the group XPO Logistics announced a $3.56 billion (3.24 billion euros) deal to acquire Norbert Dentressangle, including acquired debt. The acquisition was completed on 8 June 2015.