Press release

GXO selected by Picard to manage distribution in France

Lyon, France  |  Oktober 07, 2021

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GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, has been awarded a multiyear contract by Picard to manage regional warehousing and order preparation. Picard is the pioneer and leader in frozen food distribution in France.

GXO will manage logistics for Picard’s 113 stores in northern France providing a full range of services, including stock management and order fulfilment. Starting in 2023, operations will be managed at GXO’s temperature controlled Sainghin-en-Mélantois facility. A 3,820 square meter extension will be built to support Picard’s service offering and increased activity as part of its PROXIMA growth plan. In addition, GXO will provide services for export to Picard stores in Belgium and other Northern European countries.

Pascal Neveu, Director of Supply Chain Transformation of Picard, said, “GXO’s access to real estate and logistics expertise are a perfect fit for Picard’s short and long-term development challenges. GXO’s commitment to excellence is a critical asset to provide quality service to our stores and therefore to our customers, with greater efficiency.”

Bernard Wehbe, Managing Director – France, GXO, said, “We thank Picard for entrusting us with this partnership to manage such a critical part of their supply chain. Our team is committed to continually enhancing service to stores through industry leading operations management.”

About GXO Logistics

GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider. GXO is committed to providing a world-class, diverse workplace for its 94,000 team members across 869 warehouse locations totaling 208 million square feet. The company partners with the world’s leading blue-chip customers to solve complex logistics challenges with technologically advanced supply chain solutions, at scale and with speed. Despite its market leadership, GXO holds only 5% of the fast-growing $430 billion potential addressable logistics market in Europe and North America. GXO’s corporate headquarters are in Greenwich, Conn., USA. Visit GXO.com for more information, and connect with GXO on Facebook, Twitter, LinkedIn, Instagram and YouTube.

About Picard  

Picard is a historic French brand, creator and distributor of quality frozen products. Present in France through a network of nearly 1,050 shops, Picard fully embraces its role as a player in local life, and has set itself the mission of “constantly nurture the love of good”. With 1,300 products, the Picard product range covers all meals and benefits from 250 innovations each year. The company has been committed to sustainable development and CSR for years, with more environmentally friendly shops and a responsible product offering. As part of PROXIMA, its growth plan launched in autumn 2020, Picard aims to significantly strengthen its presence abroad. Internationally, Picard is already present in 11 countries in Europe, the Middle East and Asia with shops or corners in leading brands and on the internet. The company’s brand platform has been adapted for international use with a specific signature “With love from France”. www.picard.fr 

Media contacts

US & APAC

Matthew Schmidt

+1 203-307-2809

[email protected]

Europe

Anne Lafourcade

+33 (0)6 75 22 52 90

[email protected]

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