Germany ThyssenKrupp to buy steel processing plant in Stuttgart

Germany’s ThyssenKrupp announced that ThyssenKrupp Stahl Service Center GmbH has acquired Herzog Coilex steel processing and specialized factory in Stuttgart on May 1st and it will be merged into a single organization.

In the meantime, Herzog Coilex ThyssenKrupp Stahl Service Center’s holdings company has increased stock shares from 74.9% to 100% which became Germany’s leading steel service center in southern company.

New Coilex Stuttgart Centre will be able to supply products included f cold-rolled, hot-rolled, coated Strip for customers in the automotive, furniture, accessories and household electrical appliance industries.

Posted in Industry.