KLÖCKNER & CO SE: SUCCESSFUL COMPLETION OF TAKEOVER OF THE BECKER STAHL-SERVICE GROUP

• Successful acquisition of one of the world’s largest and most modern steel service center

After Klöckner & Co SE had signed a preliminary agreement for the acquisition of the Becker Stahl-Service Group of Bönen, Germany, on November 11, 2009, the Becker Stahl-Service acquisition was successfully finalized today. The European Commission had already approved Klöckner & Co SE’s acquisition of the Becker Stahl-Service Group during the past week. 

The Becker Stahl-Service Group is one of the largest steel service center companies in Europe. Located in Bönen, in the German state of North Rhine-Westphalia, it operates one of the largest and most modern steel service centers in the world.