DSV said in a press release issued April 15 that it had fulfilled all closing conditions for its acquisition of Germany’s DB Schenker.
Earlier this week, DSV received approval from the European Commission for the deal. The applicable waiting period in the USA has now expired. The parties are now able to complete the transaction, which is expected to take place on April 30, 2025.
The supervisory board of Deutsche Bahn approved the sale of DB Schenker to the Danish logistics firm DSV in Q3 2024 in a deal valued at EUR14.3 billion (USD15.3 billion).
