Bekaert expands wire business in China through acquisition and 75/25 partnership with Xinyu Steel
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Please find attached a press release concerning Bekaert's expansion of the wire business in China.
Bekaert, a worldwide technological and market leader in drawn wire products and advanced coatings, today signed an agreement for the acquisition of 75% of the shares of the spring wire and overhead conductor business of Xinyu Iron & Steel Co., Ltd in Xinyu, Jiangxi Province, China.