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.

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