Deutsche Bahn confirms talks for Romtrans takeover

Deutsche Bahn, one of the leading railway operators in Europe, is in talks to take over Romanian transport company Romtrans, in a transaction estimated to be worth 80-100 million euros, according to Financial Times Deutschland, which does not specify the source of the information. ZF had announced in February that the two companies were in negotiations. Romtrans is attractive to investors through the logistic space and infrastructure it holds, according to analysts contacted by ZF. “DB Logistics is in talks with Romtrans for co-operation with a view to developing transport services in Eastern Europe,” DB Logistics representatives told ZF. DB Logistics is the transport and logistics division of Deutsche Bahn, which announced at the end of last year its intention to enter the Romanian and Polish markets, planning investments of up to 100 million euros for each country.