Klöckner & Co is selling its Becker Group unit, home to Germany's largest steel service centre, as multiple buyers complete due diligence after submitting non-binding offers. The sale was announced in January 2026, the same day US firm Worthington Steel revealed its takeover bid for Klöckner. Becker Group processes around one million metric tons of flat steel per year across four facilities in Germany. The divestment allows Klöckner to focus on higher value-added products under its new ownership structure