26 Nov 2025
Freshfields advises German federal government on security agreement with TKMS
"Freshfields advised the Federal Republic of Germany on a security agreement with thyssenkrupp AG and TKMS GmbH following a spin-off that transferred 49% of thyssenkrupp’s Marine Systems segment into the now-listed TKMS AG & Co. KGaA (thyssenkrupp retains 51%). The agreement secures core defence-industrial capabilities in Germany under the National Security and Defence Industry Strategy."