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Announced

Completed

DB Schenker completed the acquisition of Bitergo.

Synopsis

DB Schenker, a supply chain management and logistics solutions provider, completed the acquisition of Bitergo, a logistics software solutions provider. Financial terms were not disclosed. “DB Schenker is our preferred partner. As a global player, the logistic service provider offers us an ideal new home to continue Bitergo’s positive development in recent years. For our employees, in particular, the takeover is the best outcome for the company. We can now strengthen our portfolio together and work on Bitergo’s continued growth,” Andreas Trautmann, Bitergo Managing Director.

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