Klöckner & Co acquires Hernandez and RSC

Klöckner & Co has acquired the two companies Hernandez Stainless GmbH (Hernandez) and RSC Rostfrei Coilcenter GmbH (RSC). Both acquisitions have been made through Klöckner & Co’s German subsidiary, Becker Stahl-Service (Becker). 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.

Hernandez and RSC operate extensive machine facilities and, throughout Europe, supply around 400 distributors as well as stainless steel processors in various industries. RSC is also a major supplier to Hernandez. Together, the two companies have about 70 employees and generated sales of around €160M in the fiscal year 2021. Hernandez is headquartered in Hockenheim and RSC in Süßen (both in the German state of Baden-Württemberg).

The two companies are expected to be included in the consolidated financial statements from the beginning of Q3 of 2022.

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