ThyssenKrupp’s automotive unit is close to finalising agreements to buy the Kaiserslautern components plant of Adam Opel and a bigger stake in Finnish car parts company Valmet, according to a report in Financial Times Deutschland.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

Opel is planning to dispose of a number of its European components operations. ThyssenKrupp Automotive is interested in the stamping plant in Kaiserslautern and Benteler has been negotiating the acquisition of the chassis components plants in Zaragoza and Bochum.

ThyssenKrupp has been relatively active in automotive M&A activity in recent years, with a number of negotiations involving parts units owned by vehicle makers. Earlier this year it was reportedly in talks with DaimlerChrysler over the acquisition of a majority stake in DC’s steering gear unit MB Lenkungen GmbH.

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact