DSV completed the acquisition of Schenker from Deutsche Bahn for €14.3bn.

DSV, a Danish transport and logistics company, completed the acquisition of Schenker, a division of German rail operator Deutsche Bahn that focuses on logistics, from Deutsche Bahn, a provider in the mobility and logistics sector, for €14.3bn. “With the completion of the acquisition of Schenker, we have reached a milestone in the history of DSV. We have been looking forward to completing the transaction and I am excited to welcome our new colleagues to the DSV organisation. With this acquisition, we become a world-leading player in global transport and logistics, at a time when global supply chains are more in focus than ever before, and our customers need a reliable and agile global network of services and products. By combining the two companies we will create a unique flexible platform for long-term financial growth to the benefit of our customers, employees, shareholders and other stakeholders," Jens H. Lund, DSV Group CEO.