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Klöckner & Co SE

Dutch country operation takes over special steel distributor Teuling Staal

Duisburg (euro adhoc) -

•	Acquisition in the Netherlands
•	Diversification of the product range
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
merger, acquisition and takeover
Duisburg, April 04, 2007 - The Dutch Klöckner
& Co subsidiary ODS B.V. has concluded a contract for the acquisition
of the Dutch distribution company Teuling Staal B.V. Teuling Staal 
specialises in the distribution of high-alloy special steels.
The company’s product portfolio focuses on duplex and super-duplex 
steels. These high-alloy special steels are used for conduit piping 
in the oil and gas, chemical and petrochemical industries on account 
of their corrosion resistance. The distribution company Teuling Staal
with some 16 employees has its head office at Barendrecht near 
Rotterdam. Specialising in special steels, the company achieved sales
of some EUR 14 million in 2006.
With this acquisition the Dutch country operation ODS B.V. with its 
head office at Barendrecht will further expand its extensive product 
range. "Teuling Staal fits extremely well into our acquisition plan. 
The company is very well positioned in its special product niche, and
its range of high-alloy special steels will outstandingly complement 
the products offered by our subsidiary in the Netherlands," said Dr. 
Thomas Ludwig, Chairman of the Board of Management of Klöckner & Co 
AG.
About Klöckner & Co:
Klöckner & Co is the largest producer-independent steel and metal 
distributor 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 than100 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.
Contacts:
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
e-mail:  peter.ringsleben@kloeckner.de
Claudia Uhlendorf
Phone: +49 203 307 2289
Fax: +49 203 307 5103
e-mail:  claudia.uhlendorf@kloeckner.de
end of announcement                               euro adhoc 04.04.2007 18:11:25

Further inquiry note:

Claudia Uhlendorf
Public Relations
Telefon: +49(0)203-307-2289
E-Mail: claudia.uhlendorf@kloeckner.de

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 von: Klöckner & Co SE, übermittelt durch news aktuell

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