KPMG Law Rechtsanwaltsgesellschaft mbH (KPMG Law), together with an international team from the KPMG Global Legal Network, advised Deutsche Bahn Group on the acquisition of the full load solution business of Schenker AG (Schenker) by DB Cargo AG (DB Cargo).
Full Load Solutions (FLS for short) are transport solutions for full loads by road, intermodal, rail and shortsea connections. In addition to Transa Speditions GmbH, based in Offenbach, the acquired FLS business includes FLS business in more than ten European countries, in particular Sweden, Italy, Poland, Bulgaria and Romania. The FLS business, which will now be transferred to DB Cargo, generated revenue in the mid three-digit million range in 2021, according to the parties involved.
KPMG Law provided comprehensive advice on the structuring and execution of the overall transaction. In particular, KPMG Law drafted the Business Transfer Agreement underlying the transaction and the related individual contracts and coordinated from Germany the companies of the KPMG Global Legal Network in all jurisdictions involved.
Advisor Deutsche Bahn Group:
KPMG Law, Germany:
Dr. Daniel Kaut
, Partner,
Sebastian Seibold
, Senior Manager, both Lead Managers, Corporate/M&A, Nuremberg,
Dr. Nils Peter Brügmann
, Senior Manager, Corporate/M&A Nuremberg,
Moritz Graf Stenbock-Fermor
, Manager, Corporate/M&A, Düsseldorf, Stella Diez, Senior Associate, Corporate/M&A, Munich, Emanuel Daschner, Associate, Corporate/M&A, Nuremberg Maximilian White, Senior Associate, Corporate/M&A, Nuremberg,
Dr. Martin Trayer
, Partner, Labor Law, Frankfurt, Dr. Julian Cahn, Manager, Labor Law, Frankfurt, Fulya Neubert, Senior Associate, Labor Law, Frankfurt,
François Heynike
, Partner, IT and Data Protection Law, Frankfurt,
Dr. Ariane Loof
, Senior Manager, IT and Data Protection Law, Berlin,
Leonie Schönhagen
, Manager, IT and Data Protection Law, Frankfurt
Inhouse Deutsche Bahn AG: Dr. Clarissa Freundorfer (General Counsel DB Cargo), , Dr. Rolf Kinner (Senior Legal Counsel Corporate and Capital Markets), Cristina Serrano Miralles de Imperial (Expert Labor Relations International)
Inhouse Schenker AG: Peter Ettrich-Reich (SVP Legal EMEA & Global Risk Management)
