The shipbuilder with 6,500 employees is one of the world’s leading providers of conventional submarines.
(Photo: IMAGO/penofoto)
Berlin, Frankfurt The industrial group Thyssen-Krupp is negotiating to exit shipbuilding. A financial investor would take over the majority of the submarine manufacturer Thyssen-Krupp Marine Systems (TKMS) and the German state would take a minority share, as the Handelsblatt learned from several people familiar with the plans.
Thyssen-Krupp wants to remain involved, but only with a minority share. The entry of the financial investor is intended as a temporary solution. In the future, an IPO and a merger with a division of the Bremen Lürssen shipyard are possible.
With 6,500 employees, TKMS is one of the world’s leading suppliers of conventional submarines. According to financial circles, the American private equity fund Carlyle is the most likely buyer of a majority stake. But Thyssen-Krupp has also held talks with KKR, Advent and Triton.
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