By Kari Williamson

“Our plans to grow organically and through acquisitions are still at the core of our strategy. Most importantly, we are on sound financial footing which allows us to offer maximum service and reliability to customers while simultaneously providing a safe and stable working environment for our employees.

“We are excited about how Kloeckner Metals will combine the strengths of two very complementary companies to be 'MORE' for our customers, our suppliers, our personnel, and our shareholders,” the new company says.

Bill Partalis will oversee the operational side of the US activities as the CEO of Kloeckner Metals US, in addition to his duties as a member of the Management Board of Kloeckner & Co SE.

Kloeckner & Co's core business is the warehousing and distribution of steel and nonferrous metals as well as the operation of steel service centres.