Comment / M&A radar: DB Schenker gulps a (jagged, little) poison pill

While about 600 miles from Essen, where German 3PL DB Schenker is based, rumours build about a “soon to happen” private-equity deal in asset-light logistics. The subsidiary of Europe’s largest rail firm Deutsche Bahn, unsurprisingly* (for those who have followed our coverage) has struck a meaningful purchase on the other side of the Atlantic.

(“Market talk since late 2021 has been that DB Schenker may bulk up inorganically,” we argued, once more, on 15 February, as part of a – mildly – ...