The shareholders of Antwerp Decoil Center NV have agreed to sell 100% of their shares to ThyssenKrupp AG. CASE Corporate Finance acted as sole financial advisor to the shareholders of Antwerp Decoil Center.
Antwerp Decoil Center is a service provider to the steel industry specialised in the decoiling of both high grade and low grade hot rolled steel. The company will act as a local service center and will be fully integrated within ThyssenKrupp Steel Europe, the steel division of the German industrial multinational.
By acquiring Antwerp Decoil Center, ThyssenKrupp internalises the decoiling technology and strengthens its presence in a strategically important location, the Port of Antwerp. ThyssenKrupp AG, listed in Frankfurt, is a diversified industrial group with traditional strengths in materials and employs over 155,000 employees in nearly 80 countries.