Thyssenkrupp plans spin-off of minority stake in tk accelis to shareholders

Reuters2026/07/20 16:05

By:Reuters

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ThyssenKrupp unveiled plans to spin off a minority stake in materials distributor tk accelis, targeting a stock-market listing this year.
Shareholders will vote on the distribution of the minority stake at an extraordinary general meeting on Aug. 7, 2026.
tk accelis set mid-term targets of more than 4% annual revenue growth, adjusted EBITDA margin of 4%-5%.
The unit reported revenue of EUR 11.4 billion in fiscal 2024/25, positioning itself as market leader by revenue in Germany, Europe.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ThyssenKrupp AG published the original content used to generate this news brief on July 20, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Thyssenkrupp plans spin-off of minority stake in tk accelis to shareholders

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