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 six business areas: Components Technology, Elevator Technology, Industrial Solutions, Marine Systems, Materials Services and Steel Europe. 

-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 25% of the Company’s total sales in the fiscal year ended September 2019.

-The establishment of a joint venture in the steel business, which had been agreed with Tata Steel in 2017, was canceled due to concerns about hindrance to market competition by the European Commission.

2017 December Agreement to establish a joint venture
2018 April Due diligence completed for both companies
2018 October Information on joint venture provided to European Commission
2019 May Joint venture abandoned due to continued concern of the European Commission
2019 June Joint venture prohibited by European Commission
2019 August Complaint files with General Court of the European Union (EGC)


-The Company is listed on the Frankfurt and Dusseldorf Stock Exchange. (As of Sep. 30, 2019)
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