Finance
DSV gains EU green light for $15.8 billion Schenker deal
Published by Global Banking & Finance Review®
Posted on April 9, 2025
1 min readLast updated: January 24, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on April 9, 2025
1 min readLast updated: January 24, 2026
DSV secures EU approval for its $15.8 billion acquisition of Schenker, forming the world's largest logistics company amid a fragmented market.
By Foo Yun Chee
BRUSSELS (Reuters) - Danish logistics company DSV has secured EU antitrust approval for its 14.3 billion euro ($15.8 billion) acquisition of German rival Schenker, the European Commission said on Wednesday.
DSV announced the deal for the logistics arm of German state rail operator Deutsche Bahn in September last year, which will create the world's biggest logistics company.
The European Commission, which acts as the antitrust enforcer in the 27-country European Union, said the deal poses no competition issues.
"The transaction does not raise concerns given the fragmented nature of such markets, and the existence of several alternative providers to which customers could switch following the transaction," the EU executive said in a statement.
The combined group, which will compete with DHL Logistics and Swiss group Kuehne und Nagel, will only have between 6% and 7% of a highly fragmented global logistics market.
($1 = 0.9053 euros)
(Reporting by Foo Yun Chee; Editing by Jan Harvey)
The main topic is DSV's acquisition of Schenker and the EU's antitrust approval for the deal.
The acquisition creates the world's largest logistics company, though the market remains fragmented.
DSV's main competitors include DHL Logistics and Kuehne und Nagel.
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