Maersk: Taking over DB Schenker would not be the right decision

As previously confirmed, AP Moller – Maersk (Maersk) has initiated a process to assess the strategic fit of DB Schenker in connection with the planned sale of the company.

In recent months, Maersk has conducted a review of DB Schenker’s operations, and in the past few weeks, the opportunity to participate in an in-depth due diligence review arose. Following that review, Maersk decided to withdraw from the process.

“We said we would look into this opportunity and we did. Our investigation confirmed that DB Schenker is an interesting company with a comprehensive portfolio in the logistics market and with further potential to be unlocked in the future. However, the in-depth analysis also identified areas of challenge from an integration perspective and we ultimately concluded that the acquisition of DB Schenker
would not be the right thing to do for our business at this point. It was a good process to make sure we could make the most informed decision we could.
Our strategic approach remains unchanged; acquisitions continue to be an important lever for scaling our logistics business. We are committed to further growth in Europe, including Germany, and we see our organic growth in logistics gaining momentum. We are executing our growth plans in the terminal business and implementing a new ocean network. This is our focus,
and we are fully committed to further developing all the potential we see,” says Vincent Clerc, CEO of Maersk.