The European Commission has today approved the divestiture of Terni remedy assets, related service centers and VDM business unit to ThyssenKrupp, which was announced on November 30, 2013. ThyssenKrupp expects to close the transaction in the next few weeks, subject to fulfillment of all closing conditions.

ThyssenKrupp has around 157,000 employees in just under 80 countries working with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012/2013 ThyssenKrupp generated sales of around €39 billion.

Innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of “Mechanical”, “Plant” and “Material”, we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient way.