German metals trader
Kloeckner & Co is expanding in Mexico with the
acquisition of a local steel supplier as it sets its sights on
the country s auto industry, poised to profit from North
American.
EQS-News: Klöckner & Co SE / Key word: Half Year Results
Klöckner & Co consistently implements Group strategy in challenging environment
02.08.2023 / 07:00.
EQS-News: Klöckner & Co SE / Key word: Mergers & Acquisitions
Klöckner & Co SE completes the acquisition of National Material of Mexico
01.08.2023 / 14:56.
MONTERREY, Mexico & DUISBURG, Germany, August 01, 2023 Following the approval of the respective antitrust authorities, Klöckner & Co has closed the acquisition of National Material of Mexico ("NMM"), a leading independent service center and materials supplier serving automotive and industrial end markets in North America with ten facilities throughout Mexico. The transaction was signed in December 2022 and was made through Klöckner & Co’s U.S. subsidiary, Kloeckner Metals Corporation ("KMC").