Add-on Acquisition • Metals/Mining

thyssenkrupp Acquires Herzog Coilex

On May 1, 2015, thyssenkrupp acquired metals/mining company Herzog Coilex

Acquisition Context
  • This is thyssenkrupp’s 5th transaction in the Metals/Mining sector.
  • This is thyssenkrupp’s 5th transaction in Germany.

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M&A Deal Summary

Date May 1, 2015
Target Herzog Coilex
Sector Metals/Mining
Buyer(s) thyssenkrupp
Deal Type Add-on Acquisition

Target Company

Herzog Coilex

Stuttgart, Germany
Herzog Coilex Gmbh provides steel processing services. The new 25,000 square meter Coilex Stuttgart center processes several hundred thousand tons of cold-rolled, hot-rolled and coated slit strip and blanks per year for customers in the automotive, furniture, fittings and white goods industries. The company was founded in 1972 and is based in Stuttgart, Germany.
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Buyer Overview 1

Buyer

thyssenkrupp

Essen, Germany

Category Company
Founded 1811
Sector Diversified
Employees101,592
Revenue 35.0B EUR (2024)
DESCRIPTION

thyssenKrupp is a multinational conglomerate corporation operating two divisions Materials and Technologies. The Materials division produces carbon steel, and stainless steel, and as well as produces material services while the Technology Division focuses on elevator, plant and components technology, and marine solutions. thyssenKrupp was founded in 1811 and is based in Essen, Germany.


Deal Context for Buyer #
Overall 17 of 17
Sector: Metals/Mining 5 of 5
Type: Add-on Acquisition 12 of 12
Country: Germany 5 of 5
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-22 Emden Dockyard

Emden, Germany

Emder Werft und Dockbetriebe GmbH is a repair shop for naval ships, merchant ships , small cruise ships , superyachts and offshore facilities. Emder Werft und Dockbetriebe is based in Emden, Germany.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-07-31 VDM Metals Holding

Werdohl, Germany

VDM Metals Holding GmbH is a producer of specialty nickel alloys. VDM develops and manufactures nickel, cobalt and zirconium alloys as well as high-alloyed special stainless steels. VDM Metals Holding GmbH was founded in 1930 and is based in Werdohl, Germany.

Sell -