Thyssenkrupp subsidiary: Submarine manufacturer to be listed on the stock exchange

Thyssenkrupp has now explained how the group intends to bring its shipyard subsidiary TKMS to the capital market. The Kiel-based company is the world market leader for submarines.

The world's largest manufacturer of non-nuclear submarines is set to go public this year - although this step will be relatively unspectacular. Miguel López, CEO of the M-Dax company Thyssenkrupp , has now announced that the shareholders of his industrial group will simply have shares in the Kiel shipyard subsidiary Thyssenkrupp Marine Systems (TKMS) booked into their portfolios. This is how Siemens, for example, brought its subsidiaries Energy and Osram to the capital market: without major advertising campaigns, without courting new small shareholders.