Kloeckner Metals Germany says it has taken over Ambo-Stahl GmbH, Kallanish hears from the German unit of distribution group Kloeckner & Co.
Based in Cologne, Ambo-Stahl is a processor of mainly high-tensile and wear-resistant steels. With the acquisition, Kloeckner intends to widen its portfolio for customers in the defence industry. According to Kloeckner, Ambo-Stahl also supplies to the segments of construction machinery, utilities infrastructure and conveyor technology. Besides flame cutting, it offers machining services such as milling, drilling, and grinding, and prefabrication such as bending and welding.
The takeover marks a further step on Kloeckner & Co’s journey from a distributor to a metals processor. In addition, Kloeckner highlights its ambition in playing a role in the defence sector.
Felix Schmitz, chief executive of Kloeckner Metals Germany, refers to the European “Zeitenwende”, or turning point in history, a term coined by chancellor Olaf Scholz after Russia invaded Ukraine. He says it is the company’s responsibility during this time to support customers in the defence industry by forming strong value chains.
Ambo-Stahl’s website does however not highlight defence, or any other customer group.
Christian Koehl Germany
