# 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.

- Type: Acquisition
- Announced: 2019-05-14
- Status: announced
- Products: carbon flat-roll steel, electrical steel, aluminum, stainless steel, long products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Worthington Steel](https://endata.com/companies/37823.md) (acquirer)
- [Kloeckner & Co](https://endata.com/companies/39310.md) (target)

## Sources

- [markets.financialcontent.com](https://markets.financialcontent.com/pennwell.bioopticsworld/article/bizwire-2026-1-15-worthington-steel-to-acquire-kloeckner-and-co), 2019-05-14: "This is a strategic and transformative step in Worthington Steel's growth journey."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.