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Kloeckner Metals Corporation, a US subsidiary of Klöckner & Co, acquired 100% of National Material of Mexico from Tang Industries and NM Holding for $340 million in cash, expanding its presence in Mexico.
“Basham, Ringe y Correa, S.C. played a key role in advising Klöckner & Co’s U.S. subsidiary, Kloeckner Metals Corporation, in the acquisition of 100% of the capital stock of National Material of Mexico.”basham.com.mx
Summarized from public sources; check the original articles before acting on it.