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Home Deal Announcements

Hilco Global Acquires ThyssenKrupp Steel Europe

byIan Koplin
March 22, 2022
in Deal Announcements

Amsterdam-based Hilco Industrial Acquisitions, an operating company of U.S.-based Hilco Global, completed the strategic acquisition of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany. The assets are now up for sale on Hilcobid.com.

Europe’s second largest steel producer, ThyssenKrupp, shuttered the German facility in September 2021. During its operation, the heavy plate rolling mill facility produced approximately 850,000 metric tons of steel which was used for shipbuilding, offshore and heavy fabrication construction production. In addition to the rolling mill, other items for sale consists of late model furnaces, hot- and cold-levelers, quenches, inline ultrasonic inspection, shotblasting/priming and numerous flame and plasma cutting machines.

“This sale represents an outstanding opportunity for buyers seeking to purchase high-quality, late model machinery used in a combined roughing and finishing mill.” Robert Bouland, managing partner at Hilco Industrial Acquisitions, said. “We anticipate many interested buyers from Europe, Asia, and the Americas and will entertain offers in acquiring the entire facility or for individual assets.”

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