On August 26, ThyssenKrupp announced plans to sell its Industrial Services division next year.
The unit has annual sales of around 1.7 billion euros (US$2.5 billion) and employs 23,000 people "but it is the smallest unit" in the group's services segment "and has the smallest synergies with the core business," a statement said.
Industrial services covers a range of activities that ThyssenKrupp performs for other groups, such as factory maintenance and assembly, repairs and protection against rust or other kinds of corrosion.
Copyright Agence France-Presse, 2008
