Deutsche Bahn has begun the process of selling its British rail freight business DB Cargo UK, which is based in Doncaster and employs 2,200 people.

DB Cargo UK CEO Andrea Rossi said: “Our current shareholder, DB Cargo AG, has recently confirmed that its strategic focus will increasingly be on its core Central European operations, which are undergoing restructuring following the European Commission’s State Aid ruling.

“In light of this, the UK Management Board has appointed legal and financial advisers to support a structured process aimed at identifying a new owner with the resources, investment capacity and strategic focus to unlock DB Cargo UK’s full future potential.

“The sale process has just begun and is supported by a comprehensive plan aimed at delivering for all our stakeholders.

“We are confident that a sale represents the best route to securing the long-term growth, competitiveness and sustainability of the business …

“… we firmly believe there is a strong future for our business which has a significant market share, serves a diverse range of customers, has a substantial asset base and extensive property portfolio.”