DSV raises $5.5 billion for acquisition of Schenker to become world's biggest logistics company
Acquiring Company
DSV
Acquired Company
Schenker
Hedehusene
EssenTransportationSupply Chain ManagementLogisticslogistics & supply chainTransportationSupply Chain ManagementLogisticsDescription
DSV, a global transport and logistics company, has successfully raised $5.5 billion in a share issue to partially finance the acquisition of Schenker, the logistics arm of Deutsche Bahn. This acquisition positions DSV to emerge as the world's biggest logistics company, further strengthening its global presence and capabilities in freight transportation and logistics solutions.
Quick answer
DSV is acquiring Schenker for $5.5 billion, announced October 4, 2024. DSV is based in Hedehusene, Capital Region of Denmark, Denmark.
- How much did DSV pay for Schenker?
- The reported deal value is $5.5 billion.
- What does DSV do?
- DSV is a Danish logistics provider with a global presence, specializing in freight forwarding, supply chain management, and transportation solutions.
- Where are DSV and Schenker based?
- DSV is based in Hedehusene, Capital Region of Denmark, Denmark. Schenker is based in Essen, North Rhine Westphalia, Germany.
- Who are the decision-makers at DSV?
- Fundz holds 1 contact at DSV. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at DSV, and when
When DSV changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day DSV raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at DSV, from your own LinkedIn network
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Frequently asked
Who acquired Schenker?
Schenker was acquired by DSV, based in Hedehusene. The deal was reported on October 4, 2024. DSV is a Danish logistics provider with a global presence, specializing in freight forwarding, supply chain management, and transportation solutions. DSV is privately held and operates in Transportation.
When did DSV acquire Schenker?
DSV's acquisition of Schenker was reported on October 4, 2024. DSV, a global transport and logistics company, has successfully raised $5.5 billion in a share issue to partially finance the acquisition of Schenker, the logistics arm of Deutsche Bahn. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Schenker do?
DB Schenker is a global leading provider of integrated logistics services. The company offers land transport, air and ocean freight, as well as comprehensive logistics solutions and global supply chain management from a single source. It is privately held, operating in Transportation, and is based in Essen.
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