Daily press, Trade press, 2015-08-28, 05:12 PM
ThyssenKrupp Steel Europe acquires Belgian steel service center Antwerp Decoil Center
ThyssenKrupp Steel Europe today acquired a 100% interest in Antwerp Decoil Center (ADC). The Belgian steel service center is specialized in cutting hot-rolled strip to length. Its strategically favorable location in the port of Antwerp provides access to ocean and inland waterway shipping as well as rail and road connections. The premises include an 8,000 square meter shop housing a cut-to-length line. ADC (approx. 20 employees) will join the Heavy Plate business unit of ThyssenKrupp Steel Europe and in the future will operate under the name ThyssenKrupp Steel Heavy Plate Antwerp. Previously the service center was mainly owned by a variety of investment companies in Belgium and the Netherlands.
“The acquisition and operation of its own high-performance hot strip cut-to-length line will enable the Heavy Plate business unit to extend its product range to include much more attractive products in the premium sheet segment,” said Dr. Heribert Fischer, Board member responsible for Sales and Innovation at ThyssenKrupp Steel Europe, on the acquisition of ADC.