DGAP-News

Klöckner & Co significantly expands business with aluminum for automotive industry in Europe

DGAP-News: Klöckner & Co. SE / Key word(s): Miscellaneous
Klöckner & Co significantly expands business with aluminum for
automotive industry in Europe

08.10.2015 / 13:27

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Duisburg, Germany, October 8, 2015 - Through its subsidiary Becker
Stahl-Service GmbH, Klöckner & Co is building a new service center at its
operating location in Bönen, North Rhine-Westphalia, Germany, to process
aluminum flat products for the automotive and manufacturing
industries in Europe.

Capital expenditure in the low to middle double-digit millions of euros is
planned for the new business, which will trade as Becker Aluminium Service
GmbH. Some 40 jobs will be created at the new Bönen service center
scheduled for completion in 2017.

"The launch of Becker Aluminium Service is a further step in systematically
implementing our strategy of increasing the percentage of sales generated
with higher value-added products and services. At the same time, we are
supplementing Becker's product portfolio with one of the key growth
materials for the automotive industry and can build on longstanding
customer relationships in marketing," said Gisbert Rühl, CEO of Klöckner &
Co SE.

About Becker Stahl-Service:
Headquartered in Bönen, North Rhine-Westphalia, Germany, with a workforce
of around 500, the Becker Stahl-Service Group is one of the leading steel
service center companies in Europe. The company specializes in the
processing and distribution of flat steel products with shipments
constantly exceeding one million metric tons a year. Its main customers are
the automotive industry as well as other sectors of industry and steel
distributors.

About Klöckner & Co:
Klöckner & Co is one of the largest producer-independent distributors of
steel and metal products and one of the leading steel service center
companies worldwide. Based on its distribution and service network of
around 220 locations in 15 countries, the Group supplies more than 150,000
customers. In addition to companies in the construction industry as well as
machinery and mechanical engineering, Klöckner & Co serves customers in the
automotive and chemical industry, in shipbuilding and in fields of
household appliances, consumer goods and energy. Currently Klöckner & Co
has around 9,700 employees. The Group had sales of around EUR6.5 billion in
fiscal 2014.

The shares of Klöckner & Co SE are admitted to trading on the regulated
market segment (Regulierter Markt) of the Frankfurt Stock Exchange
(Frankfurter Wertpapierbörse) with further post-admission obligations
(Prime Standard). Klöckner & Co shares are listed in the MDAX(R)-Index of
Deutsche Börse.

ISIN: DE000KC01000; WKN: KC0100; Common Code: 025808576.

Contact person Klöckner & Co SE:
Christian Pokropp - Press Spokesperson
Head of Investor Relations & Corporate Communications
Telephone: [phone]
Fax: [phone]
Email: [e-mail]



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08.10.2015 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
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Language: English
Company: Klöckner & Co. SE
Am Silberpalais 1
47057 Duisburg
Germany
Phone: +49 (0)203 / 307-0
Fax: +49 (0)203 / 307-5000
E-mail: [e-mail]
Internet: www.kloeckner.com
ISIN: DE000KC01000
WKN: KC0100
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart


End of News DGAP News Service
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401055 08.10.2015