DSV to acquire Schenker from Deutsche Bahn for €14.3bn.

DSV, a Danish transport and logistics company, agreed to acquire 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. “This is a transformative event in DSV’s history, and we are very excited to join forces with Schenker. With the acquisition we bring together two strong companies, creating a world-leading transport and logistics powerhouse that will benefit our employees, customers and shareholders. By adding Schenker’s competencies and expertise to our existing network, we improve our competitiveness across all three divisions: Air & Sea, Road, and Solutions. As well as enhancing our commercial platform across DSV, the acquisition will provide our customers with even higher service levels, innovative and seamless solutions and flexibility to their supply chains,” Jens H. Lund, DSV Group CEO.