Kloeckner & Co SE - M&A Activity 2026

News Details

Ad-hoc | 3 June 2026 13:18

Klöckner & Co SE: Decision to launch a delisting tender offer of Worthington Steel at €11.00 per Klöckner & Co-Share published

Klöckner & Co SE / Key word(s): Mergers and Acquisitions / Takeover Offer

Klöckner & Co SE: Decision to launch a delisting tender offer of Worthington Steel at €11.00 per Klöckner & Co-Share published

03-Jun-2026 / 13:18 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News – a service of EQS Group .

The issuer is solely responsible for the content of this announcement.

Worthington Steel GmbH (“ Bidder “), an indirect subsidiary of Worthington Steel, Inc. (together with the Bidder, “ Worthington Steel “), today decided to offer to the shareholders of Klöckner & Co SE (“ Company “) by way of a public delisting tender offer (“ Delisting Offer “) to acquire all no-par value registered shares in the Company (“ Klöckner-Shares “). The Bidder intends to offer a cash consideration in the amount of €11.00 per Klöckner-Share (“ Offer Price “). The Delisting Offer will not be subject to completion conditions.

As communicated in the joint response statement of the Management Board and the Supervisory Board dated February 12, 2026 on the takeover offer of the Bidder published on February 5, 2026, the Management Board is prepared, in accordance with the business combination agreement entered into with Worthington Steel on January 15, 2026, subject to its fiduciary duties including its duty to act in the best interest of the Company taking into account the interests of the shareholders, employees and other stakeholders, to consider supporting a delisting of the Klöckner-Shares if so requested by the Bidder.

The Management Board and the Supervisory Board of the Company will comment on the content of the Delisting Offer as well as on the announced Offer Price after thorough review of the yet to be published offer document in the context of the response statement to be issued by the Management Board and the Supervisory Board in this regard.

Contact:

Investors

Fabian Joseph

Head of Investor Relations

+49 211 88245-488

[email protected]

Press

Christian Pokropp – Press Spokesperson

Head of Corporate Communications | Head of Group HR

+49 211 88245-360

[email protected]

End of Inside Information

03-Jun-2026 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.


Language:	English
Company:	Klöckner & Co SE
	Peter-Müller-Straße 24
	40468 Düsseldorf
	Germany
Phone:	+49 (0)211-8824-5900
E-mail:	[email protected]
Internet:	www.kloeckner.com
ISIN:	DE000KC01000, DE000KC01V24
WKN:	KC0100, KC01V2
Indices:	SDAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate BSX
EQS News ID:	2338932