Our new brand

Online versionAnnual report 2024/2025

Sustainability Report thyssenkrupp Materials ServicesGoing BEYOND

Fuel for your industrial production

Materials as a ServiceLearn more about our strategy

Security.Delivered.

Solutions for the Defense Industry

Latest press releases

7/20/26

tk accelis presents strategy and targets for independence at Capital Markets Day

Market leader by sales in Germany and Europe, number three in North America¹; sales of €11.4 billion in fiscal year 2024/25
New mid-term financial targets introduced: >4% sales CAGR and adjusted EBITDA margin of 4–5%
Spin-off of a minority stake to the shareholders of thyssenkrupp AG to be voted on at the Extraordinary General Meeting of thyssenkrupp AG on 7 August 2026

tk accelis, a global leader in materials distribution and supply chain services, today hosted its first Capital Markets Day in London. The company presented its strategy and introduced new mid-term financial targets – a key milestone on the path towards its planned spin-off of a minority stake to the shareholders of thyssenkrupp AG and intended stock market listing later this year. Shareholders of thyssenkrupp AG will vote on the formal spin-off at an Extraordinary General Meeting of thyssenkrupp AG on 7 August 2026.

CEO Ilse Henne: “Our performance demonstrates that tk accelis is ready for the capital markets. We have shaped the company with the right strategy and the right team. Today, we see ourselves exactly where industry needs us and where we can create sustainable value. This is why we serve as a partner of choice for materials and supply chain solutions across many advanced industries. Demand for our products and solutions is increasing across all our core markets, particularly in North America. As an independent company, we want to make decisions even faster, take targeted investments, and grow our higher-margin businesses.”

Global presence, broad customer base

tk accelis is the market leader by sales in Germany and Europe and the third-largest player in North America¹. With operations in more than 30 countries, around 400 sites and approximately 15,500 employees, the company serves some 250,000 customers worldwide. Its ten largest customers account for less than 10% of annual sales, underlining the breadth and resilience of tk accelis’ customer base.

The company operates through three business units. The Materials business unit (FY 2024/25 sales: €7.0 billion²) comprises the distribution business with a strong network across Europe and North America as well as the global trading business. The business is mainly transactional but offers a wide range of materials-related services like cutting, drilling or bending. The Processing business unit (FY 2024/25 sales: €3.1 billion²) provides customized processing of flat-rolled steel, stainless steel and aluminum through its service center network. Its deep integration into customers’ value chains creates strong customer stickiness and resilient margins. The Solutions business unit (FY 2024/25 sales: €1.4 billion²) provides integrated supply chain management, including sourcing, warehousing, digital orchestration and 3PL/4PL logistics services.

Together, these capabilities enable tk accelis to cover the entire value chain – from sourcing to complex supply chain management. Therefore, tk accelis considers itself to be the only true global Materials-as-a-Service (MaaS) provider.

Large and growing market

The addressable market for tk accelis is expected to grow from approximately €800 billion in 2024 to around €1 trillion by 2030, representing annual growth of around 4%. Key growth drivers include the regionalization of supply chains, public infrastructure investments in Europe and North America, and the increasing outsourcing of logistics and supply chain functions to specialized partners. Geopolitical developments – from U.S. tariffs and the EU Carbon Border Adjustment Mechanism (CBAM) to sourcing risks related to critical minerals – are further increasing demand for integrated MaaS solutions capable of managing increasingly complex global supply chains.

Markets where tk accelis is already positioned as a partner of choice could develop dynamically in particular. Demand for materials such as steel, copper and aluminum in the data center sector is expected to grow by more than 20% annually in the coming years. Here, tk accelis focuses on customer-focused solutions such as its modular assembly kit offering, which can significantly accelerate data center construction. The company’s ability to provide tailored aluminum and copper solutions also positions it well to benefit from the electric vehicle market, which is expected to grow by around 13% annually in Europe and North America through 2030. The market for 3PL/4PL solutions, which is highly relevant for the Solutions business unit, is expected to outpace overall market growth in several sectors, for example in aerospace (c. 8% CAGR) and construction (c. 7% CAGR).

Strategy to accelerate performance, supported by future independence

tk accelis is pursuing three mid-term strategic priorities to strengthen profitability. First, the company is expanding its higher-margin services business by growing manufacturing, value-added processing and supply chain services across all three business units, with the aim of increasing the share of recurring revenues. Second, tk accelis is accelerating its expansion in North America. In addition to organic growth initiatives, including the expansion of manufacturing capacities in Santa Teresa, the company recently strengthened its North American footprint through the acquisition of Aceroteca in Mexico. Third, tk accelis is optimizing and digitalizing processes, leveraging AI to enhance efficiency and actively managing its portfolio, with the objective of structurally reducing its cost base.

The envisioned independence enables tk accelis to focus fully on its own value creation, accelerate decision-making and allocate capital more effectively. A public listing will also provide additional access to external capital, creating the foundation to drive growth in higher-margin businesses.

Clear mid-term targets

CFO Daniel Wodera: “Our transformation is real, measurable and sustainable. Our capital-efficient business model is designed to deliver solid cash flows across market cycles and supports sustainable value creation for our company and shareholders. We are growing profitably, we are funding that growth through our own cash generation and we have recently improved our earnings. We are seeing strong contributions from our North American business, and we believe in our Materials-as-a-Service strategy. Going forward, we see clear opportunities for further margin expansion in the medium term.”

At its Capital Markets Day, tk accelis introduced new mid-term targets. The company’s ambition is to achieve a sales CAGR of more than 4% and increase its Adjusted EBITDA margin to 4–5%. The lower end of the target range is expected to be achieved through organic growth and performance improvements, while the upper end is intended to be supported by additional portfolio measures and acquisitions. All three business units are expected to contribute to margin expansion. The target margin for Materials is around 3%, for Processing 3–4%, and for Solutions 12–14%.

---

[1] Ranking for Germany based on company analysis. Ranking for Europe and North America based on McKinsey analysis on estimated sales of top 5 players and company analysis.

[2] Based on the unaudited, preliminary combined financial statements.

7/10/26

thyssenkrupp Aerospace debuts under its new name tk accelis Supply Chain Solutions at Farnborough International Airshow

New identity reflects company’s evolution into supply chain solutions provider
Focus on the company’s Global Control Tower offering, which supports aerospace and defense players in gaining end-to-end supply chain visibility and resilience

At this year's Farnborough International Airshow (20-24 July), tk accelis Supply Chain Solutions will make its first appearance under the new tk accelis brand. The Supply Chain Solutions business encompasses the company’s offering in supply chain services and management, including what was previously known as thyssenkrupp Aerospace. At the fair, the team will showcase how digital end-to-end supply chain orchestration is becoming a strategic advantage for the aerospace and defense industry.

The debut follows the recent rebranding of thyssenkrupp Materials Services to tk accelis, marking a new chapter for the global materials and supply chain solutions provider. The new brand reflects the company’s purpose of “Moving industries – from source to success”, and its ambition to enable customers to build more resilient, transparent and efficient supply chains across aerospace and defense and other advanced industries. At the Airshow, the team will demonstrate how its Global Control Tower offering brings together the company’s full spectrum of capabilities.

The Global Control Tower is tk accelis Supply Chain Solutions’ integrated supply chain service offering, combining consulting, managed services, digital platforms, and industry expertise to help customers build more resilient, transparent, and efficient end-to-end supply chains. From strategic sourcing and logistics to digital optimization and supply chain transformation, the offering delivers tailored solutions that improve visibility, strengthen resilience, and drive sustainable operational performance.

By combining services, platforms and industry expertise into a unified, fully customisable service offering, tk accelis Supply Chain Solutions enables customers to move beyond fragmented supply chain management towards a fully orchestrated, predictive and continuously optimised operating model.

As aerospace and defense manufacturers continue to face disruption, extended lead times, increasing production rates and rising performance expectations, the need for resilient and transparent supply chains has become critical. Organisations are increasingly seeking partners capable of managing entire supply chain ecosystems rather than isolated logistics or sourcing functions.

At Farnborough Airshow, visitors can see how the Global Control Tower enables this shift from reactive to predictive supply chain management. By combining AI-enabled forecasting, real-time visibility, risk detection and advanced analytics, potential disruptions can be identified early and mitigated before they impact production.

“Today’s aerospace supply chains are highly complex, deeply interconnected and increasingly exposed to disruption,” said Patrick Marous, CEO of tk accelis’ Solutions business. “Our customers are no longer looking for transactional support, they need full visibility, predictive insights and the ability to orchestrate their entire supply network. The Global Control Tower brings together our materials expertise, digital capabilities and supply chain intelligence to make that possible.”

Visitors to the tk accelis Supply Chain Solutions chalet (Stand No C110-111) at the Farnborough International Airshow 2026 will be able to meet supply chain experts, experience live demonstrations of the different parts of the Global Control Tower and explore how integrated supply chain management can enhance program resilience, operational efficiency and long-term supply chain performance.

6/10/26

thyssenkrupp Materials Services is now called tk accelis

Brand identity underscores the transformation from materials distributor to supply chain service provider

Company purpose: “Moving industries – from source to success”

New brand supports company’s path to becoming an independent entity in line with thyssenkrupp AG’s ACES 2030 strategy

thyssenkrupp Materials Services, a leading global materials distributor and supply chain service provider, today unveiled its new brand name. Effective immediately, the company will operate under the name tk accelis. The new brand highlights the company’s transformation from a pure materials distributor to a supply chain service provider. Furthermore, the new brand supports the company’s path to becoming an independent company in line with thyssenkrupp AG’s ACES 2030 strategy program.

Ilse Henne, CEO of tk accelis: “The new brand embodies what we stand for: speed, reliability, and seamless processes along global supply chains. We want to ensure that materials move. From procurement and distribution through processing and manufacturing, all the way to data-driven supply chain management. In times of growing complexity, we understand and solve our customers’ challenges so they can focus on their core business. We want to accelerate their success by making supply chain networks their strongest assets.”

“From source to success” – integrated solutions across the entire supply chain

The new brand name derives from “accelerate” and “access”, conveying swift delivery and process efficiency as well as the availability of materials and services. The brand name and the company’s purpose, “Moving industries – from source to success,” underscore tk accelis’ ambition: to view materials, services, and digital solutions as an integrated offering that specifically accelerates customers’ business success. tk accelis offers its customers comprehensive products and services in three areas of activity:

Materials: The distribution and international trading business features a strong network in Europe and North America. With a broad product portfolio and a global supplier network, the business unit supports reliable materials supply and local-for-local availability, complemented by manufacturing and pre-processing services like cutting or drilling.

Processing: The service centers in Europe and North America offer strong capabilities for customized processing of materials such as steel and aluminum. In addition to precision processing, they also provide supporting data to increase efficiency and transparency in the supply chain.

Solutions: The global supply chain business offers comprehensive solutions for supply chain management. The portfolio ranges from logistics solutions (third-party logistics (3PL) and fourth-party logistics (4PL)) and the orchestration of entire supply chain ecosystems to a growing portfolio of data-driven and AI-enhanced digital solutions designed to increase supply chain flexibility, transparency, and resilience. The constant goal is: Managing complexity for customers and ensuring that every part arrives when and where it is needed.

tk accelis refers to this integrated approach and its own strategy as “Materials-as-a-Service.” As an early adopter in digital supply chain solutions, tk accelis is capitalizing on growth opportunities arising from industry trends such as nearshoring, outsourcing, and digitalization. In doing so, tk accelis benefits from its strong position in rapidly growing customer industries such as aerospace, data centers, industrial electrification, and defense. The increasing focus on services is supporting the company’s financial resilience in times of challenging economic environments and volatile material prices: In the second quarter of the current fiscal year 2025/26 (January-March) and according to thyssenkrupp AG’s segment reporting, tk accelis achieved sales of €3.2bn (+5%) and operating profit (Adjusted EBIT) of €81m (+179%).

On the path to becoming an independent entity

With its new brand identity, tk accelis is also supporting its path to becoming an independent company in line with thyssenkrupp AG’s ACES 2030 strategy program. This includes the target of achieving capital market readiness.

“Our new name tk accelis supports our preparations towards capital market readiness,” continues Ilse Henne. “With our new brand identity, we will be even more visible to our customers as a mill-independent partner and gain a distinct, independent profile.”

4/10/26

thyssenkrupp Materials Services expands service center footprint in North America with majority acquisition of Aceroteca Trading in Santa Catarina, Nuevo León, Mexico

thyssenkrupp Materials Services today announced the acquisition of a majority stake in Aceroteca Trading, S.A.P.I. de C.V., a flat‑rolled carbon steel processing and service center business located in Santa Catarina within the Metropolitan area of Monterrey, Nuevo León, Mexico. The transaction marks an important step in strengthening thyssenkrupp Materials Services’ integrated North American footprint and supports customers’ increasing localization and nearshoring strategies.

The acquisition gives thyssenkrupp Materials Services a modern, scalable processing platform in one of Mexico’s manufacturing hubs. The Santa Catarina service center improves proximity to customers, enables localized processing, shortens lead time, and optimizes supply chain solutions. Aceroteca currently serves industries including heating & cooling and power transmission. It offers substantial available capacity to thyssenkrupp Materials Services for both new and existing customers in the region.

“The acquisition of Aceroteca Trading is an important strategic step for thyssenkrupp Materials Services,” said Heather Wijdekop, CEO of the Processing business unit. “It strengthens our Coil Processing Group’s presence in North America and allows us to further support customers as regional supply chains continue to evolve. It provides a strong platform in a key industrial and manufacturing region.”

Héctor Morales, founder and CEO of Aceroteca Trading, will continue to lead the business and retain a minority ownership stake.

“We are proud to join thyssenkrupp Materials Services,” Morales said. “Aceroteca was built on entrepreneurship, customer focus, and technical expertise. With thyssenkrupp as a strategic partner, we can expand our capabilities and deliver greater value to our customers while continuing to develop our team in Mexico.”

The transaction combines Aceroteca’s entrepreneurial culture and deep local market expertise with thyssenkrupp Materials Services’ global procurement strength, processing know‑how, and longstanding customer and supplier relationships. While the initial focus remains on flat‑rolled carbon steel products, the acquired infrastructure provides optionality for future expansion into additional product categories.

4/9/26

thyssenkrupp at Tube 2026 in Düsseldorf: Customized hot-rolled steel for the tube industry | Solutions for flexible and resilient supply chains

thyssenkrupp Steel and Materials Services present products and solutions for the tube and tube-processing industry – Hall 3, Booth 3C28

thyssenkrupp Steel: Steels optimized for hydrogen (H₂) transport for building a high-performance hydrogen infrastructure | CO₂-reduced steels of the bluemint^® Steel brand to support decarbonization | Application-optimized manganese-boron steels tubor^® for precision steel tubes

thyssenkrupp Materials Services: Solutions for material supply in times of global uncertainty and fragile supply chains | Integrated services ranging from processing and project and logistics services to digital solutions that create transparency and improve process efficiency

Duisburg, April 9, 2026. The Tube in Düsseldorf is the world’s most important trade fair for the tube and tube processing industry. From April 13 to 17, 2026, thyssenkrupp will once again welcome visitors to Hall 3, Booth 3C28. The Materials Services and Steel business segments will present their products and solutions and look forward to engaging with customers and partners.

thyssenkrupp Steel presents customized hot-rolled steels for the tube industry

With its H₂-optimized steels, thyssenkrupp Steel offers high-performance materials for the transport of hydrogen and hydrogen mixtures. These steels are specifically engineered to meet key requirements such as resistance to hydrogen embrittlement, high fatigue strength, and excellent formability, enabling safe and reliable operation of hydrogen pipelines – even under demanding service conditions.

Through optimized chemical compositions and advanced manufacturing processes, these materials combine high strength, very good toughness, and excellent weldability. This provides the foundation for durable and cost-efficient pipeline systems and supports the development of a future-ready hydrogen infrastructure.

With bluemint® Steel, thyssenkrupp Steel already offers a portfolio designed to reduce CO₂ emissions across the steel value chain. The use of bluemint® Steel enables customers to achieve their climate targets – while maintaining proven material properties and consistent processing performance.

For the production of precision steel tubes, thyssenkrupp Steel offers steel grades from the tubor® range. These application-optimized manganese-boron steels are characterized by excellent forming properties, high strength, and superior process stability.

tubor® enables efficient manufacturing processes and consistently high component quality –especially in demanding applications where tight tolerances and reproducible properties are critical.

Tube is considered the world’s leading trade fair for the tube and tube processing industry and serves as a central platform for the exchange of technological developments and innovative material solutions.

1/12/26

thyssenkrupp Materials Services and Stegra agree on significant multi-year non-prime steel supply

thyssenkrupp Materials Processing Europe, part of thyssenkrupp Materials Services, has signed an agreement with Stegra for the delivery of steel from Stegra’s site in Boden, Sweden. In the multi-year agreement, thyssenkrupp Materials Processing Europe will acquire significant amounts of non-prime steel from Stegra to supply its customers in various industries across Europe. First deliveries are expected to start in 2027. The total tonnage of the agreement will be in the high-six-digit range.

“At thyssenkrupp Materials Processing Europe, we have the customer base, the logistics capabilities and the processing network to handle these large amounts of steel,” explains Heather Wijdekop, CEO of the Processing business unit at thyssenkrupp Materials Services. “At the same time, we are also teaming up with Stegra to support the ramp-up of their large-scale facilities in Boden and their efforts to decarbonize the steel industry.”

Stegra is currently building a new steel production facility in Boden, Sweden, which will produce steel with green hydrogen from renewable electricity. Due to the nature of steel production, steel mills produce a certain amount of non-prime steel: material that doesn’t meet the highest quality standards that certain applications may require, but is still a strong and durable material eligible for various uses. As a result, non-prime steel makes up a relevant portion of the steel market in Europe.

“A partner for non-prime steel is important for the ramp-up of our steel mill and we see this as the start of a long-term partnership with thyssenkrupp Materials Services as a key player in the market,” says Stephan Flapper, Head of Commercial at Stegra. “Together we can drive an even stronger pull for steel products made via the hydrogen route.”

Although Stegra’s Boden site uses only hydrogen and renewable electricity, the non-prime steel purchased by thyssenkrupp Materials Services in the course of this agreement will not be considered to be CO₂-reduced as Stegra will sell the respective certificates to other customers in the prime steel market.