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acquisitionAnnounced · Jan 17, 2026SteelSource · CredibleArticle · Factual
Worthington Steel acquires Klöckner & Co
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$2.4B
Target
Klöckner & Co
FRA: KCO · Duisburg, Nordrhein-Westfalen
Acquirer
Worthington Steel
Full Acquisition
Status
Announced
Worthington Steel agreed to acquire Klöckner & Co. Reported deal value: $2.4B. Status: Announced. Sector: Steel. Target headquarters context: Duisburg, Nordrhein-Westfalen, Germany.
This page summarizes publicly available information about the transaction as of 2026-01-17. Figures and status may change as filings and press coverage update.
Summary Worthington Steel will acquire Kloeckner in a transformative $2.4B all-cash deal, significantly expanding global scale
Deal timeline
Announced
Jan 17, 2026 · seekingalpha.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Steel with a reported deal value of $2.4B. Figures and status may change as sources update.
Sources: seekingalpha.com · Primary article · FireStrike proprietary index