ThyssenKrupp MetalServ established

Effective 15 October 2009, the ThyssenKrupp Group has, within the Materials Services business area, reorganized and merged under ThyssenKrupp MetalServ GmbH its central domestic materials trading business activities. The new company employs a workforce of around 800 throughout Germany. It provides logistics and services for such production materials as stainless steels, non-ferrous metals, pipes and tubes. The Management Board consists of Dr Volker Paetz (CEO), Achim Boner, and Marcus Wöhl. Included under Düsseldorf-based ThyssenKrupp MetalServ are: the central stainless steel and non-ferrous metal warehouses, the stainless and aluminum service centers, the central pipe/tube warehouses, Stahlkontor Hahn, and the fittings center DAZ (Das Armaturenzentrum). Together these activities generate a sales volume of about EUR 1 billion. In cooperation with numerous affiliates, the Company serves customers on all European markets and specifically materials processors in industry, the craft, and construction trades.
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