Maersk is considering acquiring DB Schenker for 20 billion euros
German rail operator Deutsche Bahn has initiated the sale of DB Schenker, a major logistics provider, in a deal potentially valued at EUR20 billion. Maersk, previously uninterested in acquiring such large forwarding companies, hinted at a reconsideration during its Q4 2023 earnings call. Vincent Clerc, CEO of AP Moller Maersk, acknowledged the significance of the deal’s size and emphasized the need for Maersk to explore the potential acquisition, recognizing its impact on the logistics landscape.
