DSV completed the previously announced agreement to acquire 100 percent of the global freight forwarding and contract logistics business DB Schenker operated by Schenker AG and its affiliates (Schenker) in an all-cash transaction.

#dsv #dbschenker #schenkerag #logistics #deutschebahn #dsvglobaltransportandlogistics

DB Schenker is history, DSV completes €14.3 billion deal
www.stattimes.com

DB Schenker is history, DSV completes €14.3 billion deal

Based on published 2024 financials, the combined company had a pro-forma revenue of approximately €40.3 billion.

DB Schenker, the logistics subsidiary of Deutsche Bahn, reported revenue of €19.2 billion for 2024, and an adjusted operating profit (EBIT) of €1.1 billion.

#dbschenker #deutschebahn #dsv #logistics #dbgroup

DB Schenker 2024 revenue at €19.2bn
www.stattimes.com

DB Schenker 2024 revenue at €19.2bn

Schenker sale to DSV to be closed this year; DB Group closed 2024 with an adjusted EBIT of - €333 million.

Deutsche Bahn starts DB Schenker sale process

#dbschenker #deutschebahn

https://www.logupdateafrica.co....m/logistics/deutsche

koo
www.logupdateafrica.com

koo

Banking sources have said DB Schenker could be worth as much as €20 billion: Reuters

DB Schenker generated €1.2bn ($1.3bn) in operating profit in H12022, best mid-year earnings in its 150-year history

#deutschebahn #dbschenker #logistics #dbgroup #germany

DB board decides to prepare for sale of DB Schenker
www.stattimes.com

DB board decides to prepare for sale of DB Schenker

DB Schenker generated €1.2bn ($1.3bn) in operating profit in H12022, best mid-year earnings in its 150-year history