thyssenkrupp AG approves spin-off of tk accelis
- Extraordinary General Meeting to decide on the spin-off on August 7, 2026.
- A 49% minority interest in tk accelis will be transferred to thyssenkrupp AG shareholders pro rata.
- Aim to list tk accelis shares on the Frankfurt Stock Exchange before the end of the calendar year.
- tk accelis reported €11.4 billion sales in FY 2024/25, about 15,500 employees and ~250,000 customers.
Supervisory Board approval and shareholder vote
The Supervisory Board approved the Executive Board’s plan to spin off tk accelis as an independent company and list it on the Frankfurt Stock Exchange. The spin-off involves transferring a 49 percent minority interest to thyssenkrupp AG shareholders in proportion to their holdings and requires approval at an Extraordinary General Meeting expected on August 7, 2026.
Transaction structure and post-spin ownership
The company aims to list tk accelis shares before the end of the calendar year. If the General Meeting approves the resolution, thyssenkrupp AG will retain a majority stake and tk accelis would remain a fully consolidated company within the thyssenkrupp Group.
Strategic rationale and business profile
The move is presented as the next milestone in the ACES 2030 strategy following last year’s TKMS spin-off, intended to create strong, independent companies under a financial holding. Rebranded as tk accelis, the business offers a “Materials-as-a-Service” model combining materials distribution and trading, customized processing and data-driven supply chain management, and serves sectors including aviation, defense and data centers. The company reported €11.4 billion in sales for fiscal 2024/25, around 15,500 employees and about 250,000 customers worldwide.
Source: thyssenkrupp
