COLUMBUS, Ohio — Columbus-based Worthing Steel recently announced it will be acquiring the Germany-based service center and metal processing company known as Kloeckner & Co.
What You Need To Know
- The Columbus-based company Worthington Steel announced it is acquiring Germany-based Kloeckner & Co
- They said it would make the “second largest steel service center company in North America”
- Kloeckner & Co.’s CEO said it was the right step for the company
In a press release, Worthington Steel notes that this would create the “second largest steel service center company in North America with over $9.5 billion of combined revenue.”
Worthington Steel president and CEO Geoff Gilmore said it was a strategic step for the company’s growth…