DSV raises $5.5 billion for acquisition of Schenker to become world's biggest logistics company
10/04/24, 6:20 AM
Location
essen
Industry
logistics
transportation
logistics
transportation
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.