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acquisitionAnnounced · Jan 16, 2026Metals processingSource · CredibleArticle · Factual
Worthington Steel acquires Kloeckner & Co.
David Najork · Founding Software Engineer
Announced · Updated · 1 min read
Deal value
$2.4B
Target
Kloeckner & Co.
XETRA: KCO
Acquirer
Worthington Steel
Full Acquisition
Status
Pending
Worthington Steel agreed to acquire Kloeckner & Co.. Reported deal value: $2.4B. Status: Pending. Sector: Metals processing. Target headquarters context: Location not specified.
This page summarizes publicly available information about the transaction as of 2026-01-16. Figures and status may change as filings and press coverage update.
Source: seekingalpha Acquisition Announcement: Worthington Steel has agreed to acquire metal processing firm Kloeckner & Co. for $2.4 billion , positioning itself as North America second- largest steel service center and significantly enhancing its market presence
Deal timeline
Announced
Jan 16, 2026 · intellectia.ai
Additional milestones (proxy, vote, close) appear as filings and press updates are indexed.
Sector context
This transaction is classified in Metals processing with a reported deal value of $2.4B. Figures and status may change as sources update.
Sources: intellectia.ai · Primary article · FireStrike proprietary index