Duisburg Germany headquartered steel processor & distributor Klockner & Co has acquired the two companies Hernandez Stainless & RSC Rostfrei Coilcenter in Germany. Both acquisitions have been made through Klöckner & Co’s German subsidiary, Becker Stahl-Service. The acquisitions mark Becker’s entry into stainless steel processing in a significant extension to its product and service portfolio. Hernandez provides surface machining and stocks stainless flat products. RSC is specialized in stainless steel coil cutting. The parties have agreed not to disclose the purchase prices for either company. Hernandez and RSC Rostfrei Coilcenter operate extensive machine facilities and, throughout Europe, supply around 400 distributors as well as stainless steel processors in various industries. RSC Rostfrei Coilcenter is also a major supplier to Hernandez. Together, the two companies have about 70 employees and generated sales of around EUR 160 million in fiscal year 2021. Hernandez is headquartered in Hockenheim and RSC Rostfrei Coilcenter in Süßen in the German state of Baden-Württemberg. The additions to the portfolio as a result of this latest transaction will enable customers in the future to purchase processed stainless steel through Becker. Becker has also already significantly expanded its service center activities in carbon steel and aluminum. Klöckner & Co is one of the largest producer-independent distributors of steel and metal products and one of the leading steel service companies worldwide. Based on its distribution and service network of around 140 locations in 13 countries, Klöckner & Co supplies more than 100,000 customers. As a pioneer of the digital transformation in the steel industry, Klöckner & Co’s target is to digitalize and largely automate its supply and service chain and to become the leading digital one-stop-shop platform for steel, other materials, equipment and processing services in Europe and the Americas.