Salzgitter acquires maker of defence components

Salzgitter says it is expanding its portfolio in the field of defence with the strategic acquisition of Thyrolf & Uhle, a medium-sized processor of security steels, Kallanish learns.

Thyrolf & Uhleis makes steel components for infrastructure and ballistic protection, and for civil and military vehicle construction. At the company headquarters in Dessau-Rosslau, Germany, around 100 employees process over 12,000 tonnes/year of steel.

For Salzgitter, the acquisition of Thyrolf & Uhle represents an expansion of expertise, as the company holds the necessary certifications for processing parts made from security steels, as well as the manufacturer qualification stipulated by German standard DIN 2303.

“Germany and Europe need an efficient defence industry with a qualified materials base in order to prevail in the face of geopolitical upheaval. This is precisely where we as Salzgitter AG are strengthening our offerings,” says chief executive Gunnar Groebler.

Author: Christian Koehl Germany

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