# Klöckner & Co acquires US metal fabricator Industrial Manufacturing Services

Klöckner & Co agreed to acquire Industrial Manufacturing Services (IMS) through its U.S. subsidiary Kloeckner Metals Corporation, expanding its metal fabrication business in the USA.

- Type: Acquisition
- Announced: 2023-11-02
- Where: Lancaster, South Carolina, United States
- Status: announced
- Products: metal components, fabrication, welding, sub-assemblies
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Klockner & Co](https://endata.com/companies/15216.md) (acquirer)
- [Kloeckner Metals](https://endata.com/companies/16814.md) (acquirer)
- [Industrial Manufacturing Services](https://endata.com/companies/73440.md) (target)

## Sources

- [eqs-news.com](https://www.eqs-news.com/news/corporate/kloeckner-co-acquires-us-metal-components-fabricator-industrial-manufacturing-services/225f7427-57c7-4c5e-865f-9c6b69ec9c77), 2023-11-02: "The acquisition of IMS is the second significant transaction in just a few months which will accelerate the expansion of our product and service portfolio."
- [eqs-news.com](https://www.eqs-news.com/news/corporate/klockner-co-acquires-us-metal-components-fabricator-industrial-manufacturing-services/225f7427-57c7-4c5e-865f-9c6b69ec9c77_en), 2023-11-02: "The acquisition of IMS is the second significant transaction in just a few months which will accelerate the expansion of our product and service portfolio."
- [fabricatingandmetalworking.com](https://fabricatingandmetalworking.com/klockner-co-acquires-industrial-manufacturing-services/), 2023-11-07: "Klöckner & Co., Duisburg, Germany has agreed to acquire Industrial Manufacturing Services (“IMS”), Lancaster, S.C., through its U.S. subsidiary Kloeckner Metals Corporation (“KMC”)."

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