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acquisitionAnnounced · Feb 12, 2026Steel ManufacturingSource · CredibleArticle · Factual
Worthington Steel acquires Klöckner
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$2.4B
Target
Klöckner
Acquirer
Worthington Steel
Full Acquisition
Status
Pending
Worthington Steel agreed to acquire Klöckner. Reported deal value: $2.4B. Status: Pending. Sector: Steel Manufacturing. Target headquarters context: Location not specified.
This page summarizes publicly available information about the transaction as of 2026-02-12. Figures and status may change as filings and press coverage update.
Worthington Steel is set to become the second-largest steel processor in North America after announcing a $2.4 billion acquisition of Germany-based Klöckner , a deal company leaders say will bring new jobs, expanded capabilities and long-term growth to central Ohio
Deal timeline
Announced
Feb 12, 2026 · 10tv.com
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Steel Manufacturing with a reported deal value of $2.4B. Figures and status may change as sources update.
Sources: 10tv.com · Primary article · FireStrike proprietary index