ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

GXO Signs Partnership Agreement with Sky Italia for Logistics Services and Value-added Activities in Italy

The agreement with Sky Italia, part of one of the leading entertainment groups in Europe, includes supply chain management and strategic value-added activities

MILAN, Italy, July 15, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced today that it has signed a multi-year agreement with Sky Italia, Italy's leading media & entertainment company and a European entertainment leader. The agreement involves managing Sky's supply chain from the GXO warehouse in Colleferro where Sky’s Business Core products (decoders and routers) and the Glass line (Smart TV) will be stored, as well as all the merchandising related to the Sky brand and TV series.

“This collaboration aligns perfectly with our growth strategy in the Technology sector,” said Alessandro Renzo, GXO's Managing Director for Italy and Switzerland. “Our long-standing presence in the greater area of Rome has allowed us to offer Sky the best possible operational solution, as well as the implementation of the direct staffing model.”

Colleferro warehouse, where GXO has been operating since 2010, has a total size of 30,000 square meters, including 7,000 square meters dedicated to the storage of  over 1 million Sky products. The multi-user site allows GXO to offer a scalable solution that can support the growth of Sky's business during peak periods. In addition, the warehouse has high levels of security, to ensure security for high-value products. The warehouse is equipped with LED lighting and battery-powered trolleys to reduce environmental impact.
GXO employees not only manage supply chain operations and returns, but also important value-added activities,including inbound quality control of both Sky hardware and software. GXO has set up computer stations in the warehouse dedicated to the customer where the products are tested and their operation verified before they are shipped to the final customer.

“We chose GXO for its focus on innovation and continuous improvement,” said Luigi Manzoli Supply Chain Director of Sky. “We were looking for a site that was central to the Italian perimeter and scalable and the Colleferro site proved to be perfect for our needs. Further, GXO’s global presence and, above all, the HR model based on the use of personnel directly hired by GXO, made GXO the right partner for us.”

In the UK and Ireland, GXO has been working with Sky UK for three years, where GXO has created a purpose-built repair centre through its GXO ServiceTech offering, with experienced technical engineers dedicated to repairing and refurbishing Sky Glass televisions. The solution aims to minimize electronic waste and support Sky’s 2030 Net Zero Commitments, and to date, the partnership has seen over 43,000 televisions repaired and refurbished.

About GXO Logistics
GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is positioned to capitalize on the rapid growth of ecommerce, automation and outsourcing. GXO has more than 150,000 team members across more than 1,000 facilities totaling more than 200 million square feet. The company serves the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions, at scale and with speed. GXO corporate headquarters is in Greenwich, Connecticut. Visit GXO.com for more information and connect with GXO on LinkedIn, XFacebookInstagram and YouTube.

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


Primary Logo

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.