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DSV and Schenker formally become one company in the Philippines this December, completing the local integration
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The merger follows the April 2025 global acquisition, where DSV completed its DKK 106.7-billion (€14.3 billion) purchase of Schenker from Deutsche Bahn
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The combined entity forms a global transport and logistics provider with expanded capabilities across air, sea, road, and contract logistics
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DSV Group CEO Jens Lund said the merger provides a flexible platform for long-term financial growth and strengthens its ability to support global supply chains
DSV and Schenker have formally become one company in the Philippines this December, marking the local completion of a global merger that unites two of the world’s largest logistics providers under the DSV brand.
The milestone follows the April 2025 acquisition, when Danish firm DSV announced it had met all conditions to close its approximately DKK 106.7-billion (€14.3 billion) purchase of Schenker from Deutsche Bahn.
The deal was DSV’s largest to date and one that cements its position among the world’s top transport and logistics players.
DSV said the integration brings together the combined expertise, network capacity, and service strengths of both companies across air freight, sea freight, contract logistics, and road transport.
“With this acquisition, we have become a world-leading player in global transport and logistics, at a time when global supply chains are in focus more than ever before, and our customers need a reliable and agile global network of services and products,” said Jens Lund, group CEO of DSV.
“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 said.
The company emphasized that the transition aims to ensure business continuity while expanding solutions for customers “at a crucial time for global trade and supply chains.”
DSV, in a LinkedIn post, also expressed appreciation to employees, customers, and partners who supported the integration, noting that the merger reflects the “commitment, collaboration, and resilience of everyone involved.”
DSV’s network of branch offices in the Philippines includes several in Luzon, Cebu in the Visayas, and Davao in Mindanao.