Duisburg-based Klöckner & Co SE is Germany’s largest steel and metal distributor with sales of €6.3 billion (2019). The company is not a steel producer, but restricts itself exclusively to trading. With around 8,500 employees and 160 locations, Klöckner & Co is active in 13 countries around the globe. The company serves around 100,000 corporate customers worldwide – both medium-sized companies and large corporations. On the customer side, the main industries are the construction industry and mechanical and plant engineering. In addition to trading and distribution, Klöckner also offers its customers warehousing, consulting and other services. This article is based on the unique List of the 400 largest German trading companies.
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Klöckner & Co SE as umbrella with subsidiaries in Europe and overseas
The company, founded by the merchant Peter Klöckner, started as early as 1906 as the trading company Klöckner & Co. From the very beginning the founder was committed to expansion, and the company grew rapidly. The two World Wars each meant deep cuts with great challenges, but Klöckner was always able to master them successfully. Since 1997 the group has concentrated on its traditional core business: steel and metal trading. Klöckner & Co SE functions as the corporate umbrella and is the parent company for a large number of Group companies, most of which are regionally based. In addition to the German Klöckner companies, there are subsidiaries for Belgium, Brazil, the rest of the DACH region, France, Great Britain, Mexico, the Netherlands, Saudi Arabia, Singapore, the United States and the United Arab Emirates.
Source: Listenchampion
Picture source: Unsplash
