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Klöckner & Co SE

Further expansion of presence in North America

Duisburg (euro adhoc) -

•	Acquisition of Premier Steel, Inc., based in Shreveport, Louisiana,
USA •	Closing of acquisition of Primary Steel, Inc., based in 
Middletown, Connecticut, USA
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
merger, acquisition and takeover
Duisburg, 25 May 2007 - Klöckner & Co AG is
expanding its presence in North America even further.  The 
acquisition of Premier Steel, Inc. of Shreveport, Louisiana, closed 
on May 24, 2007.  As a result, the Company has now made another 
acquisition in the USA. Namasco Corporation, the US country operation
of Klöckner & Co, served as the acquiring entity. This new 
acquisition follows the successful closing of the previously 
announced acquisition of Primary Steel, Inc. on May 11, 2007.
Premier Steel offers a comprehensive range of steel and metal 
products. The company serves a diverse customer base which includes a
significant number of customers involved in various aspects of the 
energy industry, telecommunication, forestry, general manufacturing 
and fabrication. It employs 34 people and achieved sales of 
approximately USD 30 million in 2006.
"Premier Steel is a company with an excellent standing which can be 
very easily integrated into our existing network in the USA, where it
will strengthen the very good market position already enjoyed by 
Namasco in the southern states of the USA. This new acquisition is in
keeping with our aim of persistently expanding our presence in North 
America," says Dr. Thomas Ludwig, Chairman of the Board of Management
at Klöckner & Co AG.
The recent acquisition of Primary Steel and this new acquisition of 
and Premier Steel further strengthen the market position of Klöckner 
& Co AG in North America: the Klöckner & Co subsidiary Namasco, based
in Roswell near Atlanta, Georgia, is now set to join the ranks of the
top ten North American multi metal distributors.
About Klöckner & Co AG:
Klöckner & Co is the largest independent producer and distributor of 
steel and metal products in the European and North American markets 
combined. The core business of the Klöckner & Co Group is the storage
and distribution of steel and non-ferrous metals. About 200,000 
active customers are supplied through approximately 240 distribution 
locations in 14 countries in Europe and North America. Klöckner & Co 
was founded more than 100 years ago by Peter Klöckner. During the 
financial year 2006, the Company achieved sales of approximately 
EUR5.5 billion with around 10,000 employees. The shares of Klöckner &
Co Aktiengesellschaft are admitted to trading on the official market 
segment (Amtlicher Markt) of the Frankfurt Stock Exchange 
(Frankfurter Wertpapierbörse) with simultaneous admission to the 
sub-segment (Prime Standard) to the official market with further 
post-admission obligations. ISIN: DE000KC01000; WKN: KC0100; Common 
Code: 025808576.
Peter Ringsleben, Claudia Uhlendorf - Corporate Communications
Klöckner & Co AG
Am Silberpalais 1
D - 47057 Duisburg
Peter Ringsleben
Phone: +49 203 307 2800
Fax: +49 203 307 5060
Claudia Uhlendorf
Phone: +49 203 307 2289
Fax: +49 203 307 5103
end of announcement                               euro adhoc 25.05.2007 08:29:50

Further inquiry note:

Nadine Hagemus
Telefon: +49(0)203-307-2288

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: CDAX, Classic All Share, Prime All Share, MDAX
Börsen: Frankfurter Wertpapierbörse / official dealing/prime standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade

Original content of: Klöckner & Co SE, transmitted by news aktuell

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