June 4, 2008 - Bekaert announces intention to sell its Diamond-like Carbon coating activities
Bekaert and Sulzer (Switzerland) announced their intention to sign a take-over agreement for
NV Bekaert SA’s Diamond-like Carbon (DLC) coating activities. The DLC business is part of Bekaert’s advanced coatings business segment and hosts six production plants: in Belgium (Zulte), France (Limoges and Bons-en-Chablais), Germany (Herford) and the United States (Amherst, NY and Research Triangle Park, NC). The potential deal with Sulzer covers all 164 people now working for Bekaert DLC.
Diamond-like carbon coatings are used to reduce wear and friction in a wide range of industrial applications such as machine parts, automotive components and molds for plastics and metals.
The DLC business accounts for less than 1% of Bekaert’s consolidated sales in 2007.
Within the Bekaert Group, DLC’s growth opportunities and technological synergies have proven to be limited over time. An in-depth analysis showed that the further growth potential of the DLC business could best be secured by entrusting its future development to a significant player in the broader tribological thin films (TTF) market. market.
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