Deutsche Bahn seeks Schenker sale approval 

Frankfurt, Germany - October 18, 2014: Waiting S-Bahn and travellers on a platform at main station Frankfurt. S-Bahn is a combined city center and suburban railway system metro in Germany. On the train the logos of RMV (Rhein-Main-Verkehrsverbund) and DB (Deutsche Bahn). Deutsche Bahn AG is a national railway company in Germany and headquartered in Berlin. DB is also the successor to the former state railways of Germany (Deutsche Bundesbahn). Selective focus

German rail operator Deutsche Bahn’s management board has asked its supervisory board for the go-ahead to prepare a sale of its international logistics subsidiary Schenker.

This comes as per documents reviewed by Reuters released in December.

According to these documents, the formality would allow management to: “examine and prepare a sale of up to 100 per cent of the shares in Schenker.”

This gives the state-backed train company the opportunity to consider a complete or partial sale to Schenker’s competitors or to financial investors.

READ: Deutsche Bahn leads digital automatic coupling rail pilot to boost hinterland

Schenker, which provides logistics for sea, land and air freight, recently accounted for more than a third of Deutsche Bahn’s sales. 

Schenker achieved an operating profit of almost €1.2 billion ($1.26 billion) in the first half of 2022.

The document stated: “The cash flows generated as part of a sale remain entirely within the Deutsche Bahn Group.”

This should help reduce the rail operator’s debt burden of around €30 billion ($32.2 billion).

A final decision on a sale has not yet been made.

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