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)
After Allianz
(see our dispatch
No. 06938), Porsche (No.
070573), Fresenius (No. 070657) and
BASF (No. 070965), it is now Klöckner
& Co’s turn to choose the status of European Company. Based in Duisburg,
the metal distribution group is represented in 15 countries in Europe and North
America. It employs more than 10.000 people worldwide and generated sales of
about €5.3 billion in 2007. In terms of workforce, its main facilities are in France
(2.400 employees) and Switzerland (2.000), and then G
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