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GXO Adds Beauty Segment to Extended Partnership with Henkel

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(Neutral)
Rhea-AI Sentiment
(Very Positive)
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partnership
Rhea-AI Summary

GXO Logistics has extended and expanded its partnership with Henkel in France. GXO currently manages storage, distribution, seasonal returns, and value-added services for Henkel's laundry and homecare segments. The expanded partnership will now include Henkel's beauty brands.

GXO operates from a 60,000-square-meter site in the Orléans region. The company plans to implement additional technologies, including a pick-to-light solution and an inventory viewer, to enhance efficiency and safety. GXO and Henkel are also focusing on sustainability, with plans to install solar panels to cover up to 50% of electricity consumption.

GXO provides value-added services, including co-packing activities and transport tower control, serving Henkel's customers in France and French overseas territories. The partnership covers iconic brands such as Super Croix, Xtra, Le Chat, Persil, Mir, Fa, Taft, and Schwarzkopf.

Positive
  • Extended and expanded partnership with Henkel, a multinational consumer goods company
  • Addition of Henkel's beauty segment to GXO's services
  • Implementation of new technologies to boost efficiency and enhance safety
  • Plans to install solar panels to cover up to 50% of electricity consumption
  • Expansion of value-added services including co-packing and transport tower control
Negative
  • None.

Insights

The extended partnership between GXO and Henkel in France marks a significant expansion of their logistics collaboration. By adding Henkel's beauty segment to their existing laundry and homecare operations, GXO is solidifying its position as a key player in consumer goods logistics. This move demonstrates GXO's ability to scale operations and handle diverse product lines efficiently.

The implementation of advanced technologies like pick-to-light systems and inventory viewers showcases GXO's commitment to operational excellence. These upgrades are likely to enhance productivity and accuracy in order fulfillment, potentially leading to cost savings and improved customer satisfaction for Henkel.

The focus on sustainability, including LED lighting, solar panel installation and innovative green space management, aligns with growing investor interest in ESG initiatives. This could positively impact GXO's reputation and appeal to environmentally conscious stakeholders.

For investors, this expanded partnership signals GXO's strong customer retention and ability to grow existing accounts. The addition of beauty brands to the mix may also provide more stable revenue streams, as beauty products often have consistent demand patterns. Overall, this development reinforces GXO's position in the French logistics market and its potential for continued growth in the consumer goods sector.

PARIS, France, Oct. 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced that it has extended and expanded its partnership in France with Henkel, a multinational chemical and consumer packaged goods company. GXO manages storage, distribution, seasonal returns and value added-services for an array of Henkel brands across its laundry and homecare segments and will now expand its services to include Henkel’s iconic beauty brands. 

“We are delighted to extend our partnership with Henkel in France,” said Vincent Ricci, Managing Director, France, GXO. “Our unrivaled logistics experience and expertise will continue to optimize Henkel’s operations and provide enhanced service and quality to its customers. We look forward to deploying additional technologies to further boost efficiency and enhance safety.”  

GXO manages logistics for Henkel at its 60,000-square-meter site in the Orléans region of central France. With the addition of the beauty segment, GXO will continue to add cutting edge technology that delivers continued competitive efficiency on site such as a pick to light solution and an inventory viewer, to support the transformation of picking processes and boost efficiency.  

In addition to their high operational standards, Henkel and GXO share a desire for sustainable growth, and C02 reduction across their business. To reduce the impact of the operations, GXO has installed LED lighting on-site, with twilight and motion detection systems, and even has a flock of sheep to maintain green spaces on site in a sustainable manner. To take this a step further, Henkel and GXO are planning to install solar panels to cover up to 50% of the electricity consumed by the operations. 

GXO also provides value-added services with co-packing activities and a transport tower control to serve Henkel’s customer in France as well as in the French overseas. Henkel brands served at the site include Super Croix, Xtra, Le Chat, Persil, Mir, Maison Verte, Decolor Stop, K2r, Catch, Fa, Taft, Palette and Schwarzkopf. 

Stephane Pujol, Head of Supply Chain Market Operations, Henkel Consumer Brands France,said, “Since the beginning of our collaboration, GXO has become a trusted partner. We’re partnering together to implement the latest technology, to even further improve our supply chain offering the best service to our customers.”  

GXO in France 

GXO has been helping customers in France optimize their logistics for several decades and operates over 70 warehouses throughout the country. Currently ranked the #2 logistics service provider in France by Supply Chain Magazine, GXO manages logistics for customers in a variety of sectors, including ecommerce, retail, FMCG and technology. In France, GXO employs nearly 10,000 team members and hired nearly 1,000 additional team members in 2023.  

About Henkel  

With its brands, innovations and technologies, Henkel holds leading market positions worldwide in the industrial and consumer businesses. The business unit Adhesive Technologies is the global leader in the market for adhesives, sealants and functional coatings. With Consumer Brands, the company holds leading positions especially in laundry & home care and hair in many markets and categories around the world. The company's three strongest brands are Loctite, Persil and Schwarzkopf. In fiscal 2023, Henkel reported sales of more than 21.5 billion euros and adjusted operating profit of around 2.6 billion euros. Henkel’s preferred shares are listed in the German stock index DAX. Sustainability has a long tradition at Henkel, and the company has a clear sustainability strategy with specific targets. Henkel was founded in 1876 and today employs a diverse team of about 48,000 people worldwide – united by a strong corporate culture, shared values and a common purpose: "Pioneers at heart for the good of generations.” More information at www.henkel.com  

About GXO Logistics 

GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is capitalizing on the rapid growth of ecommerce and automation. GXO is committed to providing a world-class, diverse workplace for more than 130,000 team members in more than 970 facilities totaling approximately 200 million square feet. The company partners with the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions. GXO is headquartered in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn, X, Facebook, InstagramandYouTube.  

Media contacts 

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

Matthew Schmidt  
+1 203-307-2809
matt.schmidt@gxo.com  


FAQ

What new segment has GXO added to its partnership with Henkel in France?

GXO has added Henkel's beauty segment to its extended partnership in France, expanding its services beyond the existing laundry and homecare segments.

What technologies is GXO implementing to improve efficiency for Henkel's operations?

GXO is implementing a pick-to-light solution and an inventory viewer to enhance efficiency and safety in its operations for Henkel.

How are GXO and Henkel addressing sustainability in their partnership?

GXO and Henkel are planning to install solar panels to cover up to 50% of the electricity consumed by the operations, in addition to existing measures like LED lighting and using sheep for green space maintenance.

What is the size of GXO's facility managing Henkel's logistics in France?

GXO manages logistics for Henkel at a 60,000-square-meter site in the Orléans region of central France.

GXO Logistics, Inc.

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Integrated Freight & Logistics
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