News / DSV completes DB Schenker buy as it notes strong Q1 performance by Air & Sea

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Source: DSV
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Danish 3PL DSV formally completed its €14.3bn ($16.3bn) acquisition of German peer DB Schenker today, cementing its position as the world’s largest freight forwarder.

The deal was concluded as DSV announced first-quarter financial results that showed 4.8% year-on-year growth in ebit, due to strong performance in ...

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