Thyssenkrupp Infrastructure has sold its infrastructure business to independent German investment company FMC Beteiligungs for an undisclosed amount.
Thyssenkrupp Infrastructure is a major supplier in the civil, marine, foundation and structural engineering fields. In the 2019–2020 fiscal year, the business unit generated some €140 million ($165 million) of sales. Its portfolio includes steel sections and anchor technology, flood protection solutions, pile driving and extracting equipment, drilling, trench shoring and scaffolding systems.
In October 2020, Thyssenkrupp formed its multi-tracks segment, which comprises 11 businesses and recorded around €5.5 billion ($6.5 billion) in annual sales in fiscal year 2019–2020.
The new owner is planning to further develop the company through investment in digitization and the development of existing and new markets.
“With the successful sale of the infrastructure business, we are taking the next step in s