Klöckner-backed Becker Stahl completed the acquisition of Hernandez Stainless.

Klöckner-backed Becker Stahl, a service center in Europe in the flat steel sector, supplying customers with wide band, slit strip, rectangular plates, blanks and trapezoid blanks, completed the acquisition of Hernandez Stainless, a manufacturer of stainless steel products and surface machining. Financial terms were not disclosed. “Both of these acquisitions are of major strategic importance for us. Hernandez Stainless and RSC Rostfrei Coilcenter will strengthen our position as a leading digital one-stop shop platform for steel, stainless steel and aluminum, and as a pioneer in sustainability. Going forward, we will be able to provide our customers with an even more comprehensive and custom-fit product and service portfolio,” Guido Kerkhoff, Klöckner & Co CEO.