Hengeler Mueller advises ThyssenKrupp on Stainless Steel Transaction with Outokumpu

01. February 2012

On 31 January 2012, ThyssenKrupp announced a transaction combining TK's stainless steel business Inoxum with the Finnish stainless steel producer Outokumpu. In May 2011 ThyssenKrupp had published its intentions to carve out their Stainless Global division and to pursue an IPO, a spin-off or a sale of the division.

Hengeler Mueller advised on the carve out which was completed as of 30 September 2011 and the M&A process as well as the transaction alternatives IPO and spin-off which were prepared in parallel.

The Hengeler Mueller team includes partners Maximilian Schiessl, Georg Seyfarth (both M&A/Corporate), Reinhold Ernst (Capital Markets/IPO and Spin-off), Carsten Schapmann, Corporate/Spin-off), Dirk Busch, Wolfgang Gross (both Capital Markets), Christian Schwandtner (Corporate), Stefanie Beinert, Martin Klein (both Tax), Sven Schneider (Banking Regulatory), Thomas Schmidt-Kötters (Administrative Law) and Nikolaus Vieten (Finance) as well as associates Tobias de Raet, Thomas Fräbel, Antje Hagena, Daniel Halmer, Simeon Held, Henrik Humrich, Ge Jiang, Daniela Klar, Marcel Kielhorn, Daniel Möritz, Christian Nienkemper, Jan Penselin, Martin Ulbrich, Christian Wentrup, Carsten Wettich and Patrick H. Wilkening.