Announced
Completed
Financials
Tags
Germany
iron & steel
Majority
Private
Single Bidder
Completed
Iron and Steel
Friendly
Domestic
Acquisition
Synopsis
Klöckner-backed Becker Stahl-Service, 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 RSC Rostfrei Coilcenter, a distributor of iron ore, steel, iron and semi-finished products. 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.
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