DSV estimated the integration of DB Schenker at €1.5 billion and accelerated the merger timeline.
DSV disclosed the cost of integrating DB Schenker, estimating total transaction and integration costs at approximately DKK 11 billion (€1.5 billion). According to the group’s 2025 annual report, the bulk of these costs will be incurred in 2025–2026. The company notes that the integration process is proceeding faster than initially planned, but is accompanied by higher short-term costs. In 2025 alone, DSV wrote off DKK 4.53 billion in special expenses, more than five times the previous year’s figure, putting pressure on net profit despite increased operating profit.
