13-Mar-2012

Press release

Summary & download

Please find attached a press release concerning the successful closing of the transaction leading to a majority shareholding in Chile, Peru and Canada.

Summary:
Bekaert and its Chilean partners announced today the successful closing of their shareholding transaction by which Bekaert becomes the principal shareholder (52%) in the partnership with operations in Chile, Peru and Canada. The deal follows all customary closing and approval processes. Simulated on the basis of the 2010 and 2011 financial statements, Bekaert's consolidated sales are expected to increase by approximately € 300 million on an annual basis.

 

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better together

  • transmission-cable

    Situation

    Alcan and Bekaert joined forces to install 210 miles of transmission cable

    Solution

    Bekaert seamlessly adjusted the lengths of the reels to help Alcan’s trucks drive through mountainous terrain

    Result

    Alcan could meet their customer’s delivery requirements

  • ski

    Situation

    Skiers count on safety when they go up the mountain

    Solution

    In close cooperation Bekaert developed superior quality wires that meet the technical customer requirements of ropeway constructors

    Result

    The customer handles the production of the cables, but also on-site weaving (or splicing) and installation. The cables have a life expectancy up to 40 years

  • Bezinal-2000

    Situation

    Although zinc provides a barrier to corrosion in most environments, specific conditions accelerate the corrosion process

    Solution

    Bekaert, drawing from its deep expertise in coating technology, has developed an advanced zinc/aluminum coating

    Result

    Bezinal® 2000 increases corrosion resistance with up to 500% compared to traditional galvanization

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