{"id":208951,"date":"2025-05-01T16:29:34","date_gmt":"2025-05-01T06:29:34","guid":{"rendered":"https:\/\/www.railfreight.com\/?p=62051"},"modified":"2025-05-01T16:29:34","modified_gmt":"2025-05-01T06:29:34","slug":"dsv-finalises-acquisition-of-db-schenker","status":"publish","type":"post","link":"https:\/\/www.vibewire.com.au\/?p=208951","title":{"rendered":"DSV finalises acquisition of (DB) Schenker"},"content":{"rendered":"

It has been known for a while, and now the logistics sale of the century is a done deal. Danish shipping giant DSV has formally completed the acquisition of Schenker from the Deutsche Bahn (DB) group. The German railway holding will use the proceeds to cover part of its enormous debt, while DSV just became the world\u2019s largest logistics company.<\/strong>
\n<\/span>Schenker was sold for 14,3 billion euros, which should cover a little less than half of DB\u2019s total debt, estimated at around 32,6 billion euros at the end of 2024. Without a logistics branch, the group can now focus even more strongly on their core business \u2013 the railways, and their S3 renovation plan. On the other hand, the state-owned conglomerate is losing its most precious asset.<\/p>\n

DB is struggling financially as the 333 million euros in operative losses for 2024 show. The cargo sector is doing even worse, with losses for 357 million euros. Without its main bread maker, the group will need to find alternative solutions to become profitable, especially since the EU dictated that DB Cargo needs to become profitable by 2026. To try and achieve this, the DB\u2019s rail freight subsidiary is undergoing a major restructuring.<\/p>\n