GXO extends logistics partnership with Electro Dépôt in France
Get Alerts GXO Hot Sheet
Join SI Premium – FREE
GXO Logistics Inc. (NYSE: GXO) announced the renewal and expansion of its partnership with Electro Dépôt, a European home appliances and consumer electronics retailer, according to a company statement.
The expanded agreement includes extending GXO's existing Fos-sur-Mer distribution center to 55,000 square meters and launching a new 24,000-square-meter facility in Port-Saint-Louis-du-Rhône dedicated to small domestic appliances. Both sites are located within the industrial zone of the Port of Marseille-Fos.
The facilities will incorporate automation technologies including inventory drones and robotic unloading systems. The new Port-Saint-Louis-du-Rhône site will feature photovoltaic panels, while the Fos-sur-Mer facility will add solar rooftop installations and photovoltaic canopies with electric vehicle charging stations.
"This partnership extension with Electro Dépôt illustrates GXO's ability to act as a long-term strategic partner for leading retailers, supporting growth through scalable, technology-enabled logistics hubs," said Vincent Ricci, Managing Director, France, GXO.
Samuel Saintenoy, Head of Supply Chain at Electro Dépôt, stated the expansion "will strengthen our supply chain performance while supporting our ambitions in terms of service quality, innovation and sustainability."
Founded in 2004, Electro Dépôt operates 125 stores across France, Belgium, and Spain with 2,200 employees. The company reported €1.5 billion in turnover for 2025.
GXO operates over 60 warehouses in France and employs nearly 8,700 team members in the country. The company ranks as the second-largest logistics service provider in France according to Supply Chain Magazine.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Circle board member resigns after nearly 13 years of service
- Liberty All-Star Equity Fund appoints Loomis Sayles as new manager
- Frequency Electronics secures $10 million credit facility with JPMorgan
Create E-mail Alert Related Categories
Corporate NewsRelated Entities
Maynard Um, Mark Zuckerberg, ARKSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share