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Klöckner & Co SE

Klöckner & Co SE - Sale of Koenig Verbindungstechnik AG, Switzerland, completed

Duisburg (euro adhoc) -

•	Announced deal consummated
•	Transaction approved by antitrust authorities
•	Focus on core business continued
  ots.CorporateNews transmitted by euro adhoc. The issuer is responsible for
  the content of this announcement.
companies
Duisburg, September 4, 2008 - Klöckner & Co
SE, working through its Swiss subsidiary Debrunner Koenig Holding 
(DKH), completed the sale of Koenig Verbindungstechnik (KVT) today. 
As announced in July, the specialist in fastening systems has been 
acquired by the private equity company Capvis. The acquisition has 
already been approved by antitrust authorities.
KVT does business in the market of fastening systems and sealing 
plugs. As a result, it is not part of the core business of Klöckner &
Co SE. The sale price was about EUR325 million, producing a book gain
after taxes of around EUR265 million.
"After successfully directing the focus in North America to our core 
business, we have now continued this approach in Europe by selling 
KVT. With the funds produced by the transaction, we also gain further
leeway for our expansion strategy," said Dr. Thomas Ludwig, CEO of 
Klöckner & Co SE.
About Klöckner & Co: Klöckner & Co is the largest 
producer-independent distributor of steel and metal products in the 
European and North American markets combined. The core business of 
the Klöckner & Co Group is the storage and distribution of steel and 
non-ferrous metals. About 210,000 active customers are supplied 
through more than 260 distribution locations in 15 countries in 
Europe and North America. During the financial year 2007, the Company
achieved sales of approximately EUR6.3 billion with more than 10,000 
employees.
The shares of Klöckner & Co SE are admitted to trading on the 
official market segment (Amtlicher Markt) of the Frankfurt Stock 
Exchange (Frankfurter Wertpapierbörse) with simultaneous admission to
the sub-segment (Prime Standard) to the official market with further 
post-admission obligations. ISIN: DE000KC01000; WKN: KC0100; Common 
Code: 025808576. Klöckner & Co shares are listed in the MDax® Index 
of Deutsche Börse.
end of announcement                               euro adhoc

Further inquiry note:

Contact persons:
Peter Ringsleben, Claudia Uhlendorf - Corporate Communications

Peter Ringsleben
Phone: +49-203-307-2800
Fax: +49-203-307-5060
E-mail: peter.ringsleben@kloeckner.de

Claudia Uhlendorf
Phone: +49-203-307-2289
Fax: +49-203-307-5103
E-mail: claudia.uhlendorf@kloeckner.de

Claudia Nickolaus - Investor Relations
Phone: +49-203-307-2050
Fax: +49-203-307-5025
E-Mail: claudia.nickolaus@kloeckner.de

Branche: Metal Goods & Engineering
ISIN: DE000KC01000
WKN: KC0100
Index: MDAX, CDAX, Classic All Share, Prime All Share
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: Klöckner & Co SE
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