OREANDA-NEWS. February 05, 2014. ThyssenKrupp has received approval in the USA for the sale of the ThyssenKrupp Steel USA rolling and coating plant in Calvert/Alabama.

The expiry of the premerger waiting period, during which the proposed combination was reviewed, signals the conclusion of the approval process by the US antitrust authorities. This represents an important step towards completion of the transaction. The closing is still subject to the approval of further regulatory authorities in other countries.

ThyssenKrupp has around 157,000 employees in just under 80 countries working with passion and expertise to develop solutions for sustainable progress. Their skills and commitment are the basis of our success. In fiscal year 2012/2013 ThyssenKrupp generated sales of around €39 billion.

Innovations and technical progress are key factors in managing global growth and using finite resources in a sustainable way. With our engineering expertise in the areas of "Mechanical", "Plant" and "Material", we enable our customers to gain an edge in the global market and manufacture innovative products in a cost and resource efficient way.