Portfolio optimization
Portfolio further optimized
ThyssenKrupp continued its portfolio optimization process in 2006/2007. Key measures included the streamlining of the Automotive activities, which were integrated into the Technologies segment at October 1, 2006. A central element of this was the sale of all our body and chassis operations in North America, which took place in the 1st quarter of the fiscal year.
In addition, Technologies conducted several transactions to streamline its portfolio and expand its core business. Elevator strengthened its global market position with numerous smaller acquisitions. At Services, external growth focused on the foreign markets, in particular in the NAFTA region and Eastern Europe.
ThyssenKrupp also sold a portfolio of 25 commercial real estate assets, including office buildings and other commercially used properties, to a consortium of buyers. In connection with the planned move of ThyssenKrupp AG to the new Quarter in Essen, the real estate package also included the "Dreischeibenhaus" building in Düsseldorf, the current headquarters of ThyssenKrupp until the move to Essen.
Up to the end of the fiscal year 2006/2007, we acquired companies with sales of €0.3 billion and disposed of companies with sales of €0.2 billion.
Since the merger of Thyssen and Krupp we have therefore sold companies with sales of €9.4 billion and acquired others with sales of €8.5 billion.
Source: Annual Report 2006/2007, p. 65-66
| Active Portfolio Management at ThyssenKrupp: Significant change in portfolio since the merger |
|---|
 |
| Download | |
| Portfolio optimization | PDF (72KB) |