Wincanton is a UK-based logistics company providing supply chain solutions across various sectors. In April 2024, Wincanton was acquired by GXO Logistics, a global contract logistics provider, in a transaction valued at £1.1bn. The acquisition was cleared by the UK Competition and Markets Authority (CMA) in June 2025, subject to the divestment of certain grocery warehousing operations to maintain market competition.

For accountants, Wincanton’s financial performance and the integration with GXO Logistics are of significant interest. In the year ending 31 March 2024, Wincanton reported a pre-tax loss of £44.9m, which deepened to £88.4m in the subsequent nine months. These financial results highlight the challenges faced during the acquisition process and the impact on profitability.