thyssenkrupp AG (XTRA:TKA) plans to spin off 49% of its defence division TKMS (ThyssenKrupp Marine Systems AG) to shareholders as part of a listing later in the year, a board member of the German conglomerate said on June 4, 2025. The comments were made at a press event in Kiel, Germany, where Thyssenkrupp revealed the new branding for the division. Volkmar Dinstuhl, in charge of M&A and Thyssenkrupp's automotive division, said the conglomerate's shareholders "will hold a 49% stake as part of the spin-off", disclosing for the first time the size of the stake to be floated.
Thyssenkrupp has so far only said it would keep a majority of TKMS, which makes frigates, submarines as well as sensor and mine-hunting technology, as part of the divestment which is planned to take place in 2025.
