Press Centre

Wal-Mart today (10 March) announced that UBS Limited has been retained to explore strategic options, including a sale, for Gazeley Limited Group, the property development business of ASDA Group.

Gazeley is a market leader in the development of distribution warehousing in the UK, mainland Europe and China and has extended its operations to India and Mexico.

Gazeley’s customers include many of the world’s leading companies, third-party logistic providers, original equipment manufacturers, retailers and their suppliers. Gazeley is also the preferred developer of distribution space for Wal-Mart International, including ASDA in the UK and Wal-Mart China.

Posted in Press Centre on 10 March 2008