DB Schenker

Report: DSV wins Schenker bidding

Schenker has been sold, but not to the U.S. private equity group vying for control of the German logistics provider.

Transport provider DSV of Denmark has emerged as the winning bidder, Reuters reported, in a deal worth 14 billion euros ($15.43 billion).

A consortium of private investors led by CVC Capital Partners of New York failed in its bid for Schenker, a unit of German railway Deutsche Bahn (DB).

A preliminary agreement would be signed in the coming days, the news service reported, quoting...

https://www.freightwaves.com/news/report-dsv-wins-schenker-bidding

DSV wins DB Schenker acquisition race

According to a latest Reuters report, Danish logistics firm DSV will acquire Deutsche Bahn’s rail logistics arm DB Schenker.

The transcation cost will amount around US$15.5 billion and the contract will be signed in the next days, after the deal receives the approval by Deutsche Bahn’s supervisory board.

DSV’s latest competitor was Luxemburg-headquartered financial investor CVC, which was the only contender remaining in the race until the end.


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https://container-news.com/dsv-wins-db-schenker-acquisition-race/

Schenker sale could create US logistics powerhouse

The sale of the logistics arm of Germany’s national railway has the potential to create a new supply chain powerhouse in the United States.

Final bids value DB Schenker, a unit of Deutsche Bahn, at as much as $17 billion, according to published reports.

The bids from a consortium led by U.S.-based CVC Capital Partners and Danish transport company DSV value the business at around 14 billion euros ($15.6 billion).

Schenker operates 1,850 locations worldwide with more than 725 warehouses and 72,000...

https://www.freightwaves.com/news/schenker-sale-could-create-us-logistics-powerhouse

Maersk withdraws from DB Schenker takeover – Will this clear path for DSV?

Danish container shipping giant Maersk is no longer interested in acquiring German logistics company DB Schenker, according to Reuters, due to possible future integration challenges.

DB Schenker’s mother company Deutsche Bahn launched a sale process last year.

Maersk said it was considering the takeover of DB Schenker, but Vincent Clerc, CEO of the Danish ocean career, recently stated, “Our investigation confirmed DB Schenker as an interesting company … But the in-depth review also identified...

https://container-news.com/maersk-withdraws-from-db-schenker-takeover-will-this-clear-path-for-dsv/

Daimler Truck selects DB Schenker for Melbourne warehouse management

Daimler Truck has chosen the expertise of global logistics leader DB Schenker to manage its newly established 19,000-square-meter warehouse in Melbourne, Australia.

This facility, located approximately 23 kilometres from Melbourne’s central business district and 20 kilometres from Tullamarine Airport, is strategically designed to bolster Daimler Truck’s supply chain capabilities across Australia and New Zealand. Stocking over 40,000 stock keeping units (SKUs) for truck and bus parts, ranging...

https://container-news.com/daimler-truck-selects-db-schenker-for-melbourne-warehouse-management/

Sara Gerdner Kalle named new Svitzer Europe CCO

Svitzer Europe has appointed Sara Gerdner Kalle as its new chief commercial officer, effective April 1, 2024. As CCO, she will lead the commercial function at Svitzer Europe, focusing on stakeholder relationships, commercial development and growth initiatives, with Svitzer noting that she will be pivotal in harnessing the company’s commitment to digitalization to help the business and its customers to move forwards to deliver safe, sustainable marine services.

Prior to joining Svitzer Europe,...

https://www.marinelog.com/legal/shipping/sara-gerdner-kalle-named-new-svitzer-europe-cco/

DB Schenker launches onboard courier service

DB Schenker, a major global logistics service provider, has unveiled a new standardized product tailored to a growing market segment: Customers now have the option to utilize the exclusive onboard courier (OBC) service, guaranteeing swift and reliable express air transport to and from any destination worldwide.

This latest addition caters specifically to customers requiring urgent courier solutions for small yet high-value shipments. By introducing this new air freight product, DB Schenker...

https://container-news.com/db-schenker-launches-onboard-courier-service/

Maersk circles DB Schenker as it ponders acquisition

Maersk has appointed financial advisors to help the carrier evaluate its freight forwarder target DB Schenker which was put up for sale last year.

Danish business daily Borsen reported that Maersk CEO Vincent Clerc has appointed investment bankers to assess and advise the Danish carrier in its quest to buy a major forwarder.

Responding to questions, Clerc told Borsen: “When you are investigating it [DB Schenker acquisition], you must do it properly. That means we are getting the assistance and...

https://container-news.com/maersk-circles-db-schenker-as-it-ponders-acquisition/

Maersk may pursue DB Schenker

Maersk Line might become a suitor for Deutsche Bahn’s logistics subsidiary DB Schenker after an initial lack of interest.

The Danish liner giant’s CEO Vincent Clerc said in an earnings call on 8 February that the sale of DB Schenker is something that needs to be looked into, although it is “definitely not a do or die”.

Clerc was speaking during Maersk’s 2023 results briefing, which showed revenue and net profit sharply down, by 37% and 87%, to US$51.07 billion, and US$3.91 billion, as the...

https://container-news.com/maersk-may-pursue-db-schenker/

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