PHILADELPHIA – Troutman Pepper Locke represented Kloeckner Metals Corporation, a subsidiary of Klöckner & Co, one of the largest producer-independent steel and metal processors and a leading service center company, in the sale of eight U.S. distribution sites. On Dec. 31, 2025, seven sites were transferred to Russel Metals, and the sale of another distribution site in Amarillo, Texas, to Service Steel Warehouse was completed earlier in December 2025. For more information, see the press release.
The transactions advance Klöckner & Co’s strategy by sharpening its focus on higher value-added and service center business in North America and Europe.
The Troutman Pepper Locke team that advised Kloeckner Metals Corporation was led by Joe Kadlec, John Buehner, Mitch Carnes, and Madeline Reed, and included Andrea Farley, Lele Meng, Ella Ogundare, Greg Narsh, Tom Gray, Mike Crumbock, Keegan McCoy, Moses Tincher, Barbara Sicalides, Jim Schutz, Geoff Polma, and Lauren Alvarez.
Consistently recognized as a top-tier practice, Troutman Pepper Locke’s corporate attorneys regularly handle strategic deals for clients ranging from industry-leading, Fortune 100 corporations to emerging companies. Core areas of service include mergers and acquisitions, corporate finance, corporate governance, securities laws compliance, capital markets transactions, and other significant domestic and cross-border transactions, as well as general corporate counseling.
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