Danish logistics giant DSV has cleared all administrative and closing conditions for its €14.3 billion ($16.2 billion) securing of German match Schenker, clearing the way for the bargain to be finalized on April 30.
Declared in September 2024, the securing of Deutsche Bahn's coordinations arm marks a major turning point for DSV, situating it as the world's biggest cargo forwarder. This key move altogether reinforces DSV's worldwide impression and benefit capabilities within the exceedingly competitive coordinations segment.