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Klöckner & Co announced plans to sell its stake in Becker Group

One of Europe’s leading independent steel processing companies, Klöckner & Co SE, has announced plans to divest its stake in Becker Group, which operates in the flat steel sector.

Klöckner & Co announced plans to sell its stake in Becker Group

The decision was taken following a comprehensive strategic review conducted by the company’s management board.

Klöckner & Co stated that the sale would allow Becker Group to participate more effectively in European industrial consolidation under a new ownership structure. With this move, the company aims to sharpen its strategic focus on higher value-added products, strengthening its service center operations, and developing CO₂-reduction solutions.

Becker Group revenues decline

One of the key players in the European flat steel market, Becker Group has recently drawn attention due to financial difficulties. The company’s sales revenue fell from €796 million in 2024 to EUR 567 million in the first nine months of 2025. Operating results also continued to deteriorate.

The decline in Becker Group’s financial performance was a key factor behind Klöckner & Co’s decision to divest the asset as part of its restructuring process.

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