The German industrial group ThyssenKrupp plans to sell its Industrial Services division next year, it said Aug. 26.
The unit has annual sales of around $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.
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