Maersk considering DB Schenker acquisition

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Maersk’s CEO, Vincent Clerc, stated it would be “irresponsible” not to consider acquiring DB Schenker, now on the market by Deutsche Post, emphasizing the need to diversify Maersk’s revenue towards less volatile supply chain segments. With DB Schenker’s sale potentially costing up to $20 billion, Maersk sees an opportunity to bolster its logistics division, which saw a revenue decline and lower-than-expected profit in 2023. Clerc highlighted the resilience of DB Schenker’s earnings post-COVID-19 and the potential for synergies, similar to the successful integration seen with CMA CGM. He noted that acquiring a global logistics player could rapidly expand Maersk’s logistics capabilities more effectively than organic growth.

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