Overview

• Shareholders voted nearly unanimously in an online meeting to place TKMS in a new holding company with Thyssenkrupp retaining a 51 percent stake and allocating 49 percent of shares to investors.
• The spin-off is scheduled to take effect upon entry in the commercial register in mid-October 2025, immediately followed by a planned initial public offering before the end of the year.
• Management says the new structure will give TKMS direct access to capital markets, enabling it to finance technology investments and pursue expansion independently.
• TKMS holds an order backlog of more than €18 billion and is the world leader in non-nuclear submarine construction, also building frigates and corvettes.
• IG Metall and the TKMS works council have backed the plan, expecting it to deliver greater operational flexibility and strengthen long-term job security.