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    July 15, 2026

    Worthington declares opening of delisting offer period for Kloeckner shares

    Written by Ethan Bernard

    Worthington Steel has opened the acceptance period for its public delisting tender offer for all outstanding Kloeckner & Co. SE shares.

    This includes all shares not already held by Worthington, it said in a statement on Wednesday. Recall that the company closed on its acquisition of the Düsseldorf, Germany-based service center group in early June.

    Ethan Bernard

    Ethan Bernard is managing editor for Steel Market Update. He previously worked for American Metal Market as a copy editor in the New York office for two years, starting in 2008. Later, he copy edited AMM’s monthly magazine on a freelance basis from 2015 until 2017. With experience in financial copywriting and textbook publishing, he holds a BA in Comparative Literature from UC Berkeley, and an MFA in Creative Writing from New York University. He can be reached at ethan@steelmarketupdate.com or 724-759-7871.

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