DSV agrees to acquire Schenker
As one of the UK's largest freight forwarding and logistics organisations that is still in the same family ownership since our origins in 1870, we note that DSV has announced its biggest transaction to date after signing an agreement to acquire Schenker from Deutsche Bahn.
Davies Turner believes that this is the largest deal in the industry for many years and expects the fall out to be just as significant, as a result of the rationalisation that always accompanies merger and acquisition agreements.
DSV says that the acquisition will strengthen DSV's global network, expertise and competitiveness, benefiting employees, customers and investors. The value of the acquisition is EUR14.3 billion.
The official press release can be seen here: https://www.dsv.com/en/about-dsv/press/news/com/2024/09/dsv-signs-agreement-to-acquire-schenker
For more information about our international multimodal freight forwarding and logistics services, please contact ocean@daviesturner.co.uk or visit the relevant pages of this website.
DSV agrees to acquire Schenker
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