The Supervisory Board of Deutsche Bahn AG (DB) has assigned DB's Management Board the task of examining and preparing the case for a potential sale of up to 100% of its shares in DB Schenker.
With some 76,100 employees at over 1,850 locations in more than 130 countries, DB Schenker is one of the world's key logistics providers.
Decisions as to the categorical initiation of a divestment process and the form any sale may take will be made separately at a later date.
Pursuant to the Supervisory Board resolution, revenue from a sale of DB Schenker would remain in the DB Group in its entirety and be put toward considerably reducing the company's debt, for example.
Selling DB Schenker would further sharpen DB Group's focus on its Strong Rail strategy and on DB's core business. The objective of the Group strategy, which was launched in 2019, is to shift traffic to environmentally friendly rail, in both passenger and freight transport, and to expand the rail infrastructure in Germany.