Denmark's DSV has formally closed its €14.3bn ($16.14bn) acquisition of DB Schenker - the biggest takeover in the sector this century - creating the world's premier freight forwarder.The mood was understandably celebratory at a conference call following the completion of the takeover of the subsidiary of German state railway-owned Deutsche Bahn, along with the expression of pride and achievement."If someone had told me 22 years ago, when I joined this ...The post After DSV 'cuts the cake' on Schenker acquisition, time for redundancies? appeared first on The Loadstar.
DB Schenker is a Germany-based transportation company that offers services such as supply chain management, freight and logistics for industries including retail and defense.