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ThyssenKrupp Metal Forming: Sale contract signed with Gestamp
May 12, 2011
ThyssenKrupp and Gestamp Automoción S.L. signed the sale and purchase contract for the transfer of the Metal Forming Group. As next steps, the merger control authorities will have to grant their approval of the transaction, which is expected to happen during this summer. The supervisory boards of ThyssenKrupp AG and ThyssenKrupp Steel Europe AG will be asked for their approval of the transaction in their scheduled meetings in May.
ThyssenKrupp Metal Forming has production plants for high-quality chassis and body components in Germany, France, the UK, Spain, Poland, Turkey and China. The group employs around 5,700 people.
In addition, make sure to read these articles:
ThyssenKrupp Nirosta to extend production range
ThyssenKrupp Europe to modernize hot-strip mill in Duisburg-Beeckerwerth, Germany
ThyssenKrupp Steel Europe to modernize hot strip rolling mill in Duisburg-Bruckhausen, Germany
ThyssenKrupp Steel, Germany, to invest in hot strip production
ThyssenKrupp Metal Forming: Sale contract signed with Gestamp
Stainless steel from Germany for the “One World Trade Center”
Thyssenkrupp Metal Forming to be sold to Gestamp, Spain
Official startup of ThyssenKrupp Steel, Alabama, USA
ThyssenKrupp Steel Europe in Duisburg, Germany, to modernize continuous slab caster
Second blast furnace fired up at ThyssenKrupp CSA in Brazil
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