Hernandez and RSC supply around 400 customers across Europe
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 €160 million in fiscal year 2021. Hernandez is headquartered in Hockenheim and RSC in Süßen (both in the German state of Baden-Württemberg).
Progress in strategy implementation
Under its corporate strategy, “Klöckner & Co 2025: Leveraging Strengths,” Klöckner & Co is driving forward a comprehensive expansion of its in-house product and service portfolio. 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.
The two companies are expected to be included in the consolidated financial statements from the beginning of the third quarter of 2022. The transactions remain subject to approval by the competition authorities.