thyssenkrupp AG (Formerly ThyssenKrupp AG)

Company Profile



thyssenkrupp Allee 1, 45143 Essen, Germany

Business Overview

-The Company was founded through the merger between Thyssen AG and Friedrich Krupp AG Hoesch-Krupp in 1999.

-The Company is divided into five business areas: Components Technology, Elevator Technology, Industrial Solutions, Materials Services and Steel Europe. Since the Company signed an agreement to combine the European steel activities in the 50/50 joint venture with Tata steel at the end of June 2018, the Steel Europe business and other related businesses have been reported as discontinued operations.

-In September 2017, the Company completed the divestiture of the Company’s Steel Americas unit.

-The automotive industry is the Company’s largest customer group, accounting for 28% of the Company’s total sales in the fiscal year ended September 2018.

-On September 30, 2018, the Company decided to divide the Group into two separate companies.

  • thyssenkrupp Industrials will contain three units : the Elevator business, the automotive component business, and plant engineering. Component Technology will be focused on the automotive business. System Engineering which was a part of Industrial Solutions will be newly added to develop production lines for cars.
  • thyssenkrupp Materials will contain Material Services, the 50% interest in the future steel joint venture, Bearings, Forged Technologies, and Marine Systems. Materials Group will combine steel and stainless steel production, materials distribution, and steel-related processing.

The Company mentioned the separation into two companies will take the form of a spin-off. After the separation, shareholders will hold shares in two companies : thyssenkrupp Materials AG and thyssenkrupp Industrials AG.


-The Company is listed on the Frankfurt and Dusseldorf Stock Exchange. (As of Sep. 30, 2018)
Name or Company Name Investment Ratio (%)
Alfried Krupp von Bohlen und Halbach Foundation 21.00
International institutional investors incl. Cevian Capital 69.00
Private investors 10.00
Total 100.00


Components Technology
-Integrated camshafts
-Variable shiftable valve lift controls
-Concentric camshafts
-Camshafts with integrated bearing blocks
-Block module with integrated camshafts
-Integrated oil separation system
-Integrated rotor shafts

-Forged crankshafts
-Finished crankshafts
-Connecting rods
-Gear shafts
-Gear wheel blanks
-Wheel hubs

-Monotube gas-pressure shock absorbers
-Twintube gas-pressure shock absorbers
-DampMatic passive amplitude-selective damping systems
-Adaptive damping systems
-DampTronic electronically adjustable variable damping systems
-DampTronic two-stage electrically adjustable dampers
-DampTronic Sky variable dampers with two setting valves
-Steel spring modules
-Air suspension modules

Steering systems
-Fixed steering columns
-Mechanically adjustable columns
-Electrically adjustable columns
-Steering spindles and shafts
-Hydraulic power steering systems
-Rack-assist electric power steering systems
-Dual-pinion electric power steering systems
-TriPin electric power steering systems for light utility vehicles
-Mechanical steering gears
-Low-torque column electric power steering systems
-High-torque column electric power steering systems
-Universal joints
-Inner races
-Bevel gears
-Planetary gears

Springs and stabilizers
-Linear coil springs
-Barrel springs
-Side load springs
-Solid stabilizer bars
-Tubular stabilizer bars
-Split stabilizer bars
-Rubber-to-metal stabilizer bearings
-VarioShape lightweight stabilizer bar

Axle assemblies
-Corner modules
-Center modules
-Front axles
-Rear axles
-Axle adjustments
-Powertrain assemblies

Supplemental Information 1