# EP Corporate Group to acquire 20% stake in thyssenkrupp's steel business

EP Corporate Group (EPCG) will acquire a 20% stake in thyssenkrupp's steel business, with discussions for an additional 30% to form a 50/50 joint venture. The transaction is subject to regulatory and supervisory board approvals.

- Type: Acquisition
- Announced: 2024-04-26
- Where: Essen, Germany
- Status: announced
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md)
- [Thyssenkrupp](https://endata.com/companies/833.md) (target)
- [EP Corporate Group](https://endata.com/companies/77055.md) (acquirer)

## Sources

- [thyssenkrupp.com](https://www.thyssenkrupp.com/en/newsroom/press-releases/pressdetailpage/ad-hoc-statement-in-accordance-with-art.-17-mar-thyssenkrupp-and-ep-corporate-group-enter-into-strategic-partnership-253009), 2024-04-26: "EPCG will acquire 20 per cent of thyssenkrupp's steel business."
- [news.europawire.eu](https://news.europawire.eu/epcg-acquires-stake-in-thyssenkrupps-steel-business-a-step-towards-decarbonization/eu-press-release/2024/04/26/15/47/30/134625/), 2024-04-26: "EPCG will acquire 20 percent of thyssenkrupp’ steel business."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.