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People & Business :: M&A
ThyssenKrupp and De Nora form chlor-alkali engineering joint venture
7:25 AM MST | November 5, 2013 | Natasha Alperowicz
Plant engineering and construction group ThyssenKrupp Industrial Solutions announced today that it has agreed with De Nora (Milan), an electrochemical technologies supplier, to form a joint venture. The companies intend to combine their engineering, procurement, and construction activities for electrolysis plants under the name ThyssenKrupp Uhde Chlorine Engineers (Dortmund, Germany). ThyssenKrupp Industrial Solutions will be the majority owner in the jv. The companies decline to disclose the exact holdings or how many people the new venture will employ. It is...
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