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Klöckner & Co: the German group turns into a European Company

102 years after its creation, the Klöckner & Co company, the largest independent multi-metal distributor in the world, laid the foundation stone for its transformation into a European Company (SE). 99.9% of shareholders voted in favour of this new legal structure during the General Meeting of the group on June 20, 2008 in Duisburg. Two months earlier, the management and the special negotiating body (SNB) signed an agreement on employee representation in the new SE. (Ref. 080549)

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