Hilco Industrial Acquisitions buys ThyssenKrupp heavy plate rolling mill in Germany

Amsterdam-based Hilco Industrial Acquisitions, B.V., an operating company of U.S.-based Hilco Global, announced on March 17 to S&P Global Commodity Insights the strategic acquisition and subsequent sale of all assets at ThyssenKrupp Heavy Plate Rolling Mill facility located in Duisburg-Hüttenheim, Germany.

ThyssenKrupp, shuttered the 850,000 mt a year German facility in September 2021. In addition to the rolling mill, other items for sale consists of late model furnaces, hot- and cold-levelers, quenches, inline ultrasonic inspection, shotblasting/priming, and numerous flame and plasma cutting machines, the company stated.

“We anticipate many interested buyers from Europe, Asia, and the Americas and will entertain offers in acquiring the entire facility or for individual assets,” Robert Bouland, Managing Partner at Hilco Industrial Acquisitions, B.V., stated.

Hilco Industrial Acquisitions, B.V. continues to expand their acquisition portfolio, most recently, Compania Siderurgica Huachipato S.A. (CAP ACERO) from Chile has engaged the company to sell steel and rolling mill equipment no longer needed in CAP ACERO’s continuing operations, the company said to Platts. Hilco Industrial Acquisition recently sold the 2 million mt per year Dongkuk Steel Heavy Plate Mill from Korea, as well as the 2015 Danieli Rebar Mill at Posco SS Vina in Vietnam.

Thyssenkrupp did not answer to Platts enquiry for a comment on this matter.

— Annalisa Villa