Klöckner, DE000KC01000

Klöckner sells Becker Group: DPLTA vote set for Klöckner stock

Published on 10/18/2026 at 12:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Klöckner signed the Becker sale on October 8, 2026 for a year-end closing. Klöckner stock faces an October 23, 2026 vote requiring 75 percent approval.

Transaction timetable

  • Klöckner signed the Becker Group sale on October 8, 2026, with closing expected before year-end.
  • Worthington Steel's integration plan covers EUR 7.3 billion in trailing revenue and 6,100 employees.
  • The DPLTA vote is scheduled for October 23, 2026, with 75 percent approval required.
Flatlay mit Aktienzertifikat und ISIN-Karte stellt eine Kapitalanlage in Klöckner & Co, DE000KC01000, dar, Illustration mit AI erstellt.

Klöckner (ISIN DE000KC01000) signed an agreement on October 8, 2026, to sell Becker Group to Accura Investment Partners and Becker Consult + Beteiligungs-GmbH, with closing expected before year-end, according to Klöckner & Co. The DPLTA vote for Klöckner stock is scheduled for October 23, 2026, and requires approval from 75 percent of the share capital represented at the meeting.

Sale sharpens the portfolio

The Becker transaction fits Klöckner's stated strategy of concentrating on higher-value products and services. The sale price remains confidential, while regulatory approvals are still required before completion, the company said on October 8, 2026.

Becker Group operates as a producer-independent platform for steel, stainless steel and aluminum in Europe. Klöckner said the business will continue under the acquiring consortium, with no immediate headcount reductions or site closures planned at closing.

What does the control deal mean?

The wider control timetable is the main investor variable. Investing.com reported on October 7, 2026 that Worthington Steel's integration plan included Klöckner's EUR 7.3 billion in trailing-twelve-month revenue and approximately 6,100 employees across 110 locations.

Three steps led to the vote

On June 3, 2026, Worthington Steel acquired approximately 62 percent of Klöckner's shares. On July 15, 2026, it launched a delisting offer at EUR 11.00 per share. On October 8, 2026, Klöckner signed the Becker Group sale, which is expected to close before year-end, according to StockTitan and the company release.

Key dates for shareholders

The next two milestones are the October 23, 2026 extraordinary general meeting and January 1, 2027, the earliest possible effectiveness date for the DPLTA, subject to shareholder approval and registration. Worthington Steel would then pursue operational control and integration of Klöckner.

Portfolio strategy remains central

Klöckner described the divestment as a step toward profitable growth in higher-value business. Its 2025 sales were EUR 6.4 billion, and the group operates more than 110 warehouse and processing locations serving more than 60,000 customers, according to the October 8, 2026 company release.

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Klöckner company facts

  • Company: Klöckner & Co SE
  • ISIN: DE000KC01000
  • WKN: KC0100
  • Ticker: KCO
  • Sector / Industry: Materials / steel and metals processing

Market context: Market report DAX.

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