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Acquiring Company
Worthington Steel GmbH
Acquired Company
Klöckner & Co SE
Description
Worthington Steel has reduced the minimum acceptance threshold for its voluntary takeover offer for Kloeckner & Co to 57.5%. As of March 9, 2026, Worthington has secured approximately 56.9% of Kloeckner's issued share capital. This amendment extends the acceptance period until March 26, 2026. The offer includes an all-cash offer at €11.00 per share.
Fundz sees it the moment Worthington Steel GmbH makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
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Frequently asked
Who acquired Klöckner & Co SE?
Klöckner & Co SE was acquired by Worthington Steel GmbH, based in Columbus. The deal was reported on March 10, 2026. Worthington Steel is a leading player in the metal processing sector. The company focuses on providing high-quality steel products and value-added processing. Worthington Steel GmbH is publicly traded (WOR) and operates in Manufacturing.
When did Worthington Steel GmbH acquire Klöckner & Co SE?
Worthington Steel GmbH's acquisition of Klöckner & Co SE was reported on March 10, 2026. Worthington Steel has reduced the minimum acceptance threshold for its voluntary takeover offer for Kloeckner & Co to 57.5%. As of March 9, 2026, Worthington has secured approximately 56.9% of Kloeckner's issued share capital. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Klöckner & Co SE do?
Klöckner & Co SE is a global leader in steel and metal distribution and services with a strong presence in Europe and North America. It is privately held, operating in Manufacturing, and is based in Dusseldorf.
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