Born in 1863 in Koblenz, Peter Klöckner had already been working in the iron and steel industry for 24 years when the company was founded. With the founding of Klöckner & Co in 1906, he created a trading company that was strategically in step with the growing iron and steel industry. In addition to the takeovers already completed, Klöckner pursued a course of expansion from the outset. He set up further sales offices in Cologne and Düsseldorf in the year of the company's founding.
