Bekaert announces establishment of its joint venture with Southern Steel


Press release

Summary & download

Please find attached a press release concerning the successful closing of the transaction to establish a joint venture with Southern Steel.


Bekaert, worldwide technological and market leader in drawn wire products and advanced coatings, announced today the successful closing of the transaction to establish a joint venture, 55% owned by Bekaert and 45% by Southern Steel Berhad (SSB), a leading Malaysian Steel Group.

As communicated on 9 May 2012, the joint venture deal consists of SSB contributing its interests in the Malaysian wire activities based in Shah Alam and Ipoh, and Bekaert bringing in the galvanized wire platform located in Karawang, Indonesia. The joint venture will serve customers in the Southeast Asian growth markets.

The joint venture has been named Bekaert Southern Wire Pte Ltd with registered office in Singapore.
The results will be integrated in Bekaert's consolidated statements as of 1 September 2012.

 en  fr  nl

We use cookies in order to let you fully experience this website. Cookies are small files we put in your browser to mainly track usage or remember your settings of our site but they don’t tell us who you are. Want to know more about how we use these Cookies please read our Cookie policy and Data privacy policy.