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DSV has completed its acquisition of Schenker from Deutsche Bahn
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The acquisition was valued at 14.3 billion euros, or about $16.171 billion
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The largest transaction in DSV’s history resulted in the company doubling its size
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The merger will have a revenue of about 41.6 billion euros, or $47.047 billion
DSV A/S has just announced the completion of its acquisition of Schenker from Deutsche Bahn. The acquisition was valued at 14.3 billion euros, or about $16.171 billion.
The largest transaction in DSV’s history resulted in the company doubling its size, the company said.
The merger will have a revenue of about 41.6 billion euros, or $47.047 billion.
It will also result in a global workforce of almost 160,000 employees across more than 90 countries.
The announcement was made alongside the company’s presentation of its first quarter of 2025 results.
Jens Lund, Group CEO of DSV, said: “ 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,” he added.
Schenker CEO Jochen Thewes said: “DSV and Schenker are a strong match with many similarities in business models and services, shared values and high operational standards, and we look forward to getting to work.”
In a statement, DSV said the combination will strengthen their global network and competitiveness, as well as providing access to new markets and talents at a crucial time for global trade and supply chains.
“Besides greater reach and better opportunities to create truly end-to-end solutions for our customers, the acquisition strengthens DSV’s platform for future growth and the development of a more sustainable, flexible and digitalised transport and logistics industry,” the statement said.
Schenker will be included in the consolidated financial statements of DSV from May 1, 2025. The merged entity projects $1.363 billion income at the end of 2028.
