Germany-based steel distributor Kl??ckner & Co is looking for a potential buyer for its Brazilian arm, several sources have told Metal Bulletin.
The company has hired advisory firm Clairfield to seek an investor to purchase its assets in the country, according to sources and a document seen by Metal Bulletin.The decision comes after Kl??ckner developed a plan to focus on business with higher margins, and its Brazilian operation does not fit this...