Comparability with the previous year
Sale of DB Schenker completed
On April 30, 2025, DB AG completed the sale of DB Schenker to the Danish transport and logistics group DSV for an enterprise value of € 14.3 billion, which corresponds to a purchase price (equity value) of € 11.3 billion. The cash inflow on April 30, 2025, amounted to € 12.5 billion and, in addition to the purchase price, included the repayment of internal liabilities and the agreed interest on the purchase price. DSV had previously received the last outstanding approvals for the acquisition of DB Schenker from the antitrust authorities of the EU and the USA. After the Management Board of DB AG signed a contract for the sale of DB Schenker to DSV on September 13, 2024, the Supervisory Board of DB AG also approved the sale on October 2, 2024. At the same time, the Federal Government granted the approval required for the transaction in accordance with the Federal Budget Code (Bundeshaushaltsordnung; BHO).
DB Schenker was no longer reported as a business unit / segment in DB Group’s reporting system in the previous year, but as a discontinued operation. The figures (with the exception of the consolidated balance sheet) are subsequently fully comparable.
Following the sale of DB Schenker, the continuing operations of DB Group include the remaining five business units and the Subsidiaries / Other area.
Further information on changes in the scope of consolidation can be found in the consolidated financial statements.