Worthington Steel to acquire Kloeckner & Co

Worthington Steel announced a Business Combination Agreement to acquire Kloeckner & Co, a steel service center and metal processing company with about 110 locations in North America and Europe. The all-cash acquisition is expected to create the second largest steel service center in North America with over $9.5 billion combined revenue.

“This is a strategic and transformative step in Worthington Steel's growth journey.”markets.financialcontent.com

• 1 source
• markets.financialcontent.comLaser Focus World - Worthington Steel to Acquire Kloeckner & CoWorthington Steel, Inc.May 14, 2019

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