Deutsche Bahn picks four finalists for DB Schenker sale

03 Jun 2024 CW Team

Deutsche Bahn (DB) had chosen the four finalists for the sale of DB Schenker. The remaining contenders were Danish shipping giants Maersk and DSV, the Saudi national shipping carrier Bahri, and a partnership between investment funds CVC Capital Partners, Carlyle Group, and the Abu Dhabi Investment Authority. This development indicated that MSC was no longer in the race.

DB aimed to gather the final bids by July, as reported by Reuters. In the previous week, DB had received confirmatory bids from various parties interested in acquiring DB Schenker. The last four bidders would have the opportunity to submit more detailed offers in the coming weeks. A final agreement was expected to be signed within the year, with the sale being finalised in 2025.

DB had decided to sell its logistics arm DB Schenker to cover its outstanding debt, which Reuters had estimated at 34 billion euros. The price for DB Schenker was anticipated to be around 15 billion euros, potentially covering almost half of DB?s financial shortfall. The sale of DB Schenker had been made official by DB in December 2023. By January 2024, over 20 parties had shown interest in purchasing the German logistics giant. Now, only four contenders remained, but only one would ultimately secure the acquisition.

Infrastructure Urban

02 Jun 2026

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..