Worthington Steel acquires Klöckner & Co

Worthington Steel agreed to acquire Klöckner & Co. Reported deal value: $2.4B. Status: Pending. Sector: metal processing. Target headquarters context: Duisburg, Nordrhein-Westfalen, Germany.

This page summarizes publicly available information about the transaction as of 2026-01-15. Figures and status may change as filings and press coverage update.

Creates the second largest steel service center company in North America with over $9.5 billion of combined revenue Highly complementary combination that strengthens Worthington Steel strategic offerings in key product categories and regions Further diversifies Worthington Steel products, end markets and geographic footprint across North America and Europe Anticipated to generate an estimated $1 50 million of highly actionable, identified annual run-rate synergies Expected to be substantially accretive to Worthington Steel EPS within the first full year of operation Provides a platform with...