DSV Buys DB Schenker for $15.9B
DSV is a global logistics and transportation company based in Denmark. It offers services such as road, air, and sea freight, as well as warehousing and supply chain solutions.
DB Schenker is a division of Deutsche Bahn, the German national railway company, specializing in global logistics and supply chain management.
Danish freight forwarder DSV has agreed to purchase German transportation and logistics provider DB Schenker for $15.9B from Deutsche Bahn. The acquisition will allow Deutsche Bahn to focus on its core rail business, reduce its debt, and assist DSV to grow its business in Germany. How do regulators see this transaction?
Transport Topics: DSV Buys DB Schenker for $15.9B, Creating Logistics Giant