The European Commission has approved DSV’s acquisition of DB Schenker, concluding that the transaction does not pose any competition risks.
On Wednesday, the agency confirmed that the two companies’ markets are sufficiently fragmented to allow customer alternatives after the merger.
The decision marks the penultimate regulatory step to complete the transaction, which still depends on the approval of the US Department of Justice.
Since its announcement in September 2024, 35 regulatory bodies have endorsed the deal, which is valued at €14.3 billion. The deal will make DSV the world’s largest logistics operator, with combined revenues estimated at €39.3 billion and a global workforce of approximately 160,000 employees.
The purchase also includes plans to invest €1 billion in Germany over the next few years, consolidating Germany as a key market for DSV. The sale will improve Deutsche Bahn’s group accounts.
In addition, both companies have highlighted their commitment to sustainable growth and transforming the global logistics sector.
Once all necessary approvals have been obtained, the merger is expected to be completed in the second quarter of 2025.