Global steelmaking conglomerate thyssenkrupp plans to sell its infrastructure business to German investment firm FMC Beteiligungs K.


The deal will help thyssenkrupp to re-align its core steel production portfolio. Financial details are unavailable yet, however, the company noted on Aug 9 that the merger is expected to close by H2 2021.


thyssenkrupp Infrastructure has a workforce of 480 and reported €140mn in sales in the last fiscal. The company supplies marine, civil and constructional engineering entities with specialist equipment, including drilling, trench shoring, and extraction.

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