"The international logistics market offers excellent prospects for long-term growth. As one of the world's top 4 logistics companies, DB Schenker has a solid market position. DB Schenker has made a very positive contribution to the economic growth of the DB Group over the years. However, the DB subsidiary needs more capital and flexibility for its own growth," says DB, explaining its intention to sell its logistics subsidiary.
The DB Group will keep all proceeds from the sale, which will be used to reduce debt. This sale will significantly accelerate Deutsche Bahn's focus on its core business and the implementation of the Strong Rail strategy. Deutsche Bahn has already completed divestments of several business units in foreign markets and has signed agreements for further divestments. It is now looking to sell DB Schenker.
In December 2022, the Supervisory Board of Deutsche Bahn AG tasked DB's Management Board with examining the potential sale of its entire shares in DB Schenker. The final decision on the sale of DB Schenker will be based on a separate resolution adopted by the Supervisory Board of Deutsche Bahn AG at the end of the sale process. The process is also subject to general capital market developments.
DB Schenker has a strong position in all relevant industry sectors, including land, air, and ocean freight, as well as comprehensive and specialized logistics solutions. The company has over 76,600 employees in more than 130 countries and operates from over 1,850 locations worldwide, making it one of the world's leading logistics providers.
