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Thyssenkrupp considers exit options for $2.2 billion materials trading unit - Bloomberg

Published 09/04/2025, 16:54
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Investing.com -- Industrial conglomerate ThyssenKrupp AG is considering exit strategies for its materials trading unit, Thyssenkrupp (ETR:TKAG) Materials Services GmbH, according to Bloomberg News, citing insiders familiar with the matter. The unit, which offers logistics and processing services for materials such as steel and plastics, could be valued at up to €2 billion ($2.2 billion) in a potential deal.

Thyssenkrupp is in the preliminary stages of discussions with potential advisers as it explores alternatives for the unit. Among the options being considered are a business spinoff or a sale, as initial interest for the unit has been received.

The decision-making process is in its early stages, and Thyssenkrupp may choose to retain the asset for a longer period, especially in light of the current market volatility. The company's exploration of exit options is part of its broader effort to streamline operations.

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