Exclusive: Thyssenkrupp opens data room in sale of plant-building unit

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In his first interview, Volkmar Dinstuhl, who oversees divestments of non-core assets, said the company has opened the data room to buyers of its plant-building units and received expressions of interest for its stainless steel division.

Thyssenkrupp (DE:TKAG) is also open to considering offers for its automotive and remaining industrial assets, said Dinstuhl, who heads up the group’s Multi-Tracks division, which houses businesses Thyssenkrupp no longer wants to own.

“Our goal is to find a solution for all our businesses within the next two years,” said Dinstuhl, the first time Thyssenkrupp has outlined a timeline for restructuring.