Germanythyssenkrupp-materials-services.com
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Thyssenkrupp Materials Services GmbH, operating under the brand tk accelis, is a global materials distributor and supply chain service provider headquartered in Essen, Germany. The company engages in materials trading, customized processing, and data-driven logistics solutions for steel, aluminum, plastics, and other materials. It serves around 250,000 customers in sectors including automotive, aviation, defense, and data centers, with approximately 15,500 employees and reported sales of €11.4 billion for fiscal 2024/25.
As a subsidiary of thyssenkrupp AG, tk accelis is advancing plans to spin off as an independent listed company on the Frankfurt Stock Exchange, with thyssenkrupp retaining a majority stake. The rebranding and restructuring align with the parent group's ACES 2030 strategy to establish stronger, autonomous businesses.
Also known as tkMX and tk Accelis.
chemXplore tracks 1 project involving thyssenkrupp Materials Services, of which one is active.
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Presents >4% sales CAGR and 4–5% adjusted EBITDA margin targets, details growth strategy and plans a minority-stake spin-off subject to thyssenkrupp shareholder vote on 7 Aug 2026.
Shareholders to receive a 49% stake proportionally; EGM set for Aug 7, 2026; Frankfurt listing targeted before year-end; parent to retain majority.
Industry and academia presented projects across industry and mobility: HyLoop+ metrology, hydrogen turbines, a green-hydrogen steelworks, fuel-cell shipping and evolving refuelling infrastructure.
The agreement secures over 700MW capacity for a large-scale electrolysis plant in Boden, Sweden, using alkaline water electrolysis technology to produce green hydrogen for steel production.
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