New shareholding structure of DHS – Dillinger Hütte Saarstahl AG

The shareholders of DHS – Dillinger Hütte Saarstahl AG (ArcelorMittal, SHS-Struktur-Holding-Stahl GmbH & Co. KG aA and Saarstahl AG) as well as the supervisory board of the companies have agreed to acquire 21.17 % of shares in DHS – Dillinger Hütte Saarstahl AG which were formerly owned by ArcelorMittal.

11,17 % of the shares will be acquired by the holding company of the Foundation Montan-Stiftung, SHS-Struktur-Holding-Stahl GmbH & Co. KG aA, 10 % of DHS – Dillinger Hütte Saarstahl AG itself. Hence the shareholding structure of DHS – subject to the existence of corresponding declarations of the competition authorities – rearranges as follows:

The SHS-Struktur-Holding-Stahl GmbH & Co. KG aA (a 100 % subsidiary of Montan-Stiftung-Saar) henceforth holds 26.17 % of DHS’ capital, Saarstahl AG holds unchanged 33.75 %, ArcelorMittal holds 30.08 % and DHS – Dillinger Hütte Saarstahl AG itself holds 10 % of its own shares.

The successful collaboration with all shareholders will be continued to protect the interests of Dillinger Hütte as before.

The new shareholding structure means a protection and strengthening of the Saarland steel industry locations. It allows a closer collaboration of both steel companies, Dillinger Hütte and Saarstahl, beyond the existing successful cooperation at ZKS, ROGESA and Einkaufsgesellschaft as well as the achievement of further synergies, but not one company controlling the other.

Dillinger Hütte will continue to focus its business segment on high-quality and complex steel grades in heavy plate. For these products it is a market and technology leader in Europe and all over the world. Saarstahl AG continues its successful strategy by concentrating on high-quality wire, bar steel and forge products. Due to high investments in the qualification of its employees, up-to-date equipment and optimization of its processes as well as its research and development of new products, the companies are also well-positioned for the future. The new shareholding structure supports this strategy.