Deutsche Bahn has received several confirmed bids for its logistics division DB Schenker, according to the parent company.

DB Schenker Hub Salzburg

DB Schenker’s parent company, Deutsche Bahn, said it is ”carefully evaluating” the offers

A Deutsche Bahn spokesperson told Automotive Logistics: “In recent weeks, bidders had the opportunity to refine their non-binding offers for DB Schenker based on comprehensive information. These confirmed, non-binding offers have now been submitted and are being carefully evaluated before the next phase of the sale process begins promptly. The process is running according to plan.”

It has been reported that the potential sale could bring in more than $16 billion, according to Bloomberg, with offers reportedly coming from logistics competitors DSV, AP Moeller-Maersk and MSC, as well as an offer from a private equity consortium led by CVC Capital Partners and Carlyle Group. The private equity firms have been in talks to team up with Abu Dhabi Investment Authority and Singapore wealth fund GIC Pte, according to the paper.

Maersk and Carlyle Group declined to comment on the potential transaction. Automotive Logistics has also contacted DSV and MSC for comment, as well as CVC Capital Partners. 

More to follow…