Explainer-How DSV grew into the world's biggest logistics firm
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2024
0mins
Source: Yahoo Finance
DSV's Acquisition of Schenker: DSV is set to become the world's largest logistics firm by acquiring Schenker for €14.3 billion, expanding its workforce to 147,000 and achieving a revenue of $43.52 billion in 2023.
Market Position and Growth Strategy: The acquisition will give DSV a market share of 6-7% in a fragmented global logistics market, which is expected to grow significantly due to e-commerce, following a series of strategic acquisitions over recent years.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
