01/03/2005 (Agence Europe) - The Commission has given its green light to plans of the American investment company Lindsay Goldberg & Bessemer (LGB) to take sole control of the German company Klöckner &Co AG. The six companies which are currently part of LGB's portfolio are present in the production of equipment and infrastructure for the energy industry, the construction of pipelines, payment systems and the food industry (food and drinks). Only the latter activity has been delocalised in the EU. Klöckner is mainly active in the processing and distribution of steel, but also aluminium and other metals and plastics. This operation, whereby LGB will buy the stakes of German banks WestLB and HSH Nordbank AG, was examined under the simplified procedure.