Home

Content about ThyssenKrupp

February 1, 2012
Stainless steel deal for Outokumpu

Finnish stainless steel maker Outokumpu has agreed to acquire Inoxum, the stainless steel unit of Germany’s ThyssenKrupp.

Finnish stainless steel maker Outokumpu has agreed to acquire Inoxum, the stainless steel unit of Germany’s ThyssenKrupp.

The €2.7 billion deal is set to make Outokumpu a market leader in European stainless steel, with almost €12 billion in revenues, more than 19,000 employees and an approximate 50 per cent market share.

Outokumpu already employs around 8,000 people in more than 30 countries and is headquartered in Espoo, Finland.

May 6, 2011
ThyssenKrupp announces major divestment plan

Germany’s biggest steelmaker, ThyssenKrupp, has announced a major restructuring of its business as it seeks to increase its focus on engineering.

Germany’s biggest steelmaker, ThyssenKrupp, has announced a major restructuring of its business as it seeks to increase its focus on engineering.

The €10 billion divestment plan is designed to enable the company to strengthen its existing competences in engineering and take advantage of opportunities in emerging markets to expand its current business scope.