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thyssenkrupp Materials France has been sold to Industeel, a subsidiary of Arcelormittal

Paris – CFI is pleased to announce that it acted as financial advisor to thyssenkrupp Materials France in the sale of its tool steel division to Industeel, an ArcelorMittal subsidiary.

Thyssenkrupp Materials France is one of the French market leaders in the distribution & technical machining services of tool steel. With around 600 employees, they supply high-quality steel and non-ferrous products for innovative and demanding applications in a wide range of industries.

Industeel is specialized in the production of hot rolled as well as forged steel plate, ingots and formed pieces, with the largest dimension range worldwide.

This transaction closed on 30 June 2022.

Industrials

The tool steel division of

has been sold to

Advised by:

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