Worthington Steel

Activity by year

20192020202120222023202420252026

AcquisitionContract

May 14, 2019ACQUISITION
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.
Worthington Steel acquirer Kloeckner & Co target #Steel and Metal Products markets.financialcontent.com
Mar 6, 2019CONTRACTMonroe, Michigan, United States
TWB Company signs licensing agreement with ArcelorMittal Tailored Blanks for ablation technology
Worthington Steel's joint venture TWB Company has signed a licensing agreement with ArcelorMittal Tailored Blanks for patented ablation technology to produce hot formed tailored blanks. TWB plans to install a fully automated ablation line at its Monroe, Michigan facility.
Worthington Steel TWB Company ArcelorMittal Tailored Blanks supplier #Steel and Metal Products markets.bostonherald.com

Acquired

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