17
Aug
16:07
Klöckner expects more acquisitions to come from crisis
Klöckner & Co intends to proceed with acquiring distribution companies in Europe and the USA, Kallanish hears from its outgoing chief executive, Gisbert Rühl.
Rühl said during a conference call he expects opportunities to come about in the wake of the coronavirus crisis, “…which not everyone will survive unharmed.” Klöckner has a strong financial cushion for takeovers, in the three-digit-million euro range, he added. The …
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Anonymous
Very good overview of the weekly steel market.
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