Essen, June 16, 2026 – The Supervisory Board of thyssenkrupp AG today approved the Executive Board’s plans to establish tk accelis (formerly thyssenkrupp Materials Services) as an independent company. The segment is to be set up as an independent company by way of a spin-off and listed on the stock exchange. The plans involve transferring a 49 percent minority interest to the shareholders of thyssenkrupp AG in proportion to their interest in thyssenkrupp AG and listing the shares on the Frankfurt Stock Exchange. The spin-off requires the approval of an Extraordinary General Meeting, which is expected to be convened on August 7, 2026.

Prof. Siegfried Russwurm, Chairman of the Supervisory Board of thyssenkrupp AG, states:
“The spin-off of tk accelis is another important milestone in the ACES 2030 future model. Following the successful stock market listing of TKMS last year, thyssenkrupp is consistently continuing its strategic realignment through this move. At the Extraordinary General Meeting, we will ask the shareholders of thyssenkrupp AG to decide on this next step. The aim of the transformation is to create strong and independent companies that can successfully operate under the umbrella of thyssenkrupp AG as a financial holding company.“  

Miguel López, CEO of thyssenkrupp AG, states:
“tk accelis has made impressive progress in recent years. CEO Ilse Henne and her team are systematically positioning the company as a fully integrated materials distributor and powerful supply chain service provider – with a digital offering, wide coverage, and a clear growth strategy. Now is the right time to take the next step and establish tk accelis as an independent company.“ 

tk accelis emerged on the market under the new brand just a few days ago – a visible significant milestone on the path toward independence. With its “Materials-as-a-Service” business model, tk accelis offers its customers an integrated range of services from materials distribution and trading, customized processing, and data-driven supply chain management. The company benefits from a strong position in fast-growing industries such as aviation, defense, and data centers. With 15,500 employees, around 250,000 customers worldwide, and sales of €11.4 billion in fiscal year 2024/25, tk accelis has a strong operating base for its next step toward the capital markets.

If the General Meeting approves the resolution, thyssenkrupp AG will retain a majority stake even after the spin-off. tk accelis would then remain a fully consolidated company within the thyssenkrupp Group.

• Brand identity underscores the transformation from materials distributor to supply chain service provider

• Company purpose: “Moving industries – from source to success”

• New brand supports company’s path to becoming an independent entity in line with thyssenkrupp AG’s ACES 2030 strategy

thyssenkrupp Materials Services, a leading global materials distributor and supply chain service provider, today unveiled its new brand name. Effective immediately, the company will operate under the name tk accelis. The new brand highlights the company’s transformation from a pure materials distributor to a supply chain service provider. Furthermore, the new brand supports the company’s path to becoming an independent company in line with thyssenkrupp AG’s ACES 2030 strategy program.

Ilse Henne, CEO of tk accelis: “The new brand embodies what we stand for: speed, reliability, and seamless processes along global supply chains. We want to ensure that materials move. From procurement and distribution through processing and manufacturing, all the way to data-driven supply chain management. In times of growing complexity, we understand and solve our customers’ challenges so they can focus on their core business. We want to accelerate their success by making supply chain networks their strongest assets.”

“From source to success” – integrated solutions across the entire supply chain

The new brand name derives from “accelerate” and “access”, conveying swift delivery and process efficiency as well as the availability of materials and services. The brand name and the company’s purpose, “Moving industries – from source to success,” underscore tk accelis’ ambition: to view materials, services, and digital solutions as an integrated offering that specifically accelerates customers’ business success. tk accelis offers its customers comprehensive products and services in three areas of activity:

• Materials: The distribution and international trading business features a strong network in Europe and North America. With a broad product portfolio and a global supplier network, the business unit supports reliable materials supply and local-for-local availability, complemented by manufacturing and pre-processing services like cutting or drilling.

• Processing: The service centers in Europe and North America offer strong capabilities for customized processing of materials such as steel and aluminum. In addition to precision processing, they also provide supporting data to increase efficiency and transparency in the supply chain.

• Solutions: The global supply chain business offers comprehensive solutions for supply chain management. The portfolio ranges from logistics solutions (third-party logistics (3PL) and fourth-party logistics (4PL)) and the orchestration of entire supply chain ecosystems to a growing portfolio of data-driven and AI-enhanced digital solutions designed to increase supply chain flexibility, transparency, and resilience. The constant goal is: Managing complexity for customers and ensuring that every part arrives when and where it is needed.

tk accelis refers to this integrated approach and its own strategy as “Materials-as-a-Service.” As an early adopter in digital supply chain solutions, tk accelis is capitalizing on growth opportunities arising from industry trends such as nearshoring, outsourcing, and digitalization. In doing so, tk accelis benefits from its strong position in rapidly growing customer industries such as aerospace, data centers, industrial electrification, and defense. The increasing focus on services is supporting the company’s financial resilience in times of challenging economic environments and volatile material prices: In the second quarter of the current fiscal year 2025/26 (January-March) and according to thyssenkrupp AG’s segment reporting, tk accelis achieved sales of €3.2bn (+5%) and operating profit (Adjusted EBIT) of €81m (+179%).

On the path to becoming an independent entity 

With its new brand identity, tk accelis is also supporting its path to becoming an independent company in line with thyssenkrupp AG’s ACES 2030 strategy program. This includes the target of achieving capital market readiness.

“Our new name tk accelis supports our preparations towards capital market readiness,” continues Ilse Henne. “With our new brand identity, we will be even more visible to our customers as a mill-independent partner and gain a distinct, independent profile.”

About tk accelis
tk accelis is a global leader in materials distribution and services across the entire supply chain. tk accelis combines three fields of activity in a seamless offering: materials distribution & trading, customized processing, and supply chain management. With a growing range of data-driven services, tk accelis is consistently driving the digitalization of supply chains. The company calls this integrated approach "Materials as a Service". Around 15,500 employees serve more than 250,000 customers from around 380 locations in the core markets of Europe and North America. In fiscal year 2024/25 and according to thyssenkrupp AG’s segment reporting, tk accelis generated total sales of €11.4 billion. For more information visit: www.tkaccelis.com

Images and the new logo are available for download at the following link: https://transfer.thyssenkrupp.com/public/v158382y_ac0a800accf8f175bf6012/

• Transaction related to sale of AST fully completed

• Arvedi becomes sole owner of AST

• High double‑digit million euro cash inflow strengthens liquidity

thyssenkrupp today sold its remaining 15-percent stake in Acciai Speciali Terni S.p.A. (AST) to the Italian Arvedi Group. This marks the final completion of the transaction agreed upon in 2021 regarding the sale of the stainless steel plant in Terni, Italy, including the associated sales organization in Germany, Italy, and Turkey.

The completion of the transaction means that AST is now fully owned by Arvedi. The investment was retained as part of the sale back in 2021 in order to strengthen the existing operational cooperation with the new owner during a transition phase. The cash inflow from the transaction totals a high double‑digit million euro figure and contributes to further strengthening thyssenkrupp’s liquidity.

Volkmar Dinstuhl, member of the Executive Board of thyssenkrupp AG: “With the completion of the sale, we are concluding the transaction as planned and also taking a step forward in further streamlining and focusing our portfolio. At the same time, we are creating additional financial flexibility to further implement our strategic alignment.”

thyssenkrupp is consistently driving forward its strategic realignment. At the heart of thyssenkrupp AG’s transformation is the ACES 2030 future model and the associated reorganization of thyssenkrupp AG into a financial holding company in which strong, independent companies operate under one roof.