N.V. Bekaert S.A.

Company Profile

■URL

http://www.bekaert.com

■Address

Esserstraat 7, BE-8550 Zwevegem, Belgium

Business Overview

-The Company is a global leader in steel wire transformation and coating technologies. The Company has applications in multiple sectors, including automotive, construction, agriculture, energy and utilities, consumer goods, and basic materials.

-The Company’s products for the automotive industry includes tire cords, bead wires, wires for windshield wiper arms and blades, heating cords, suspension and clutch spring wires.

-Approximately 30% of all tires are reinforced with steel cord products from the Company.

Shareholders

-The Company is listed on NYSE Euronext Brussels. (As of Dec. 31, 2018)
Major Shareholders % of total number of voting rights
Institutionals 36
Principal shareholdings 34
Retail & private banking 23
Treasury shares 7
Total 100

Products

Exhaust systems

  • Closed diesel particulate filters for passive regeneration
  • Exhaust filtration media
  • Heating cords for SCR - Selective Catalytic Reduction

Steering systems

  • Bezinal XC coated wire
  • Bezinal XP coated wire
  • Control cables
  • Hard drawn shaped spring wire
  • Mesh wires for airbag filters
  • Springs for locks and brakes (Bezinal)

Interior (seat)

  • Heating cables for car seat and panel heating
  • Insulator wires for car seats
  • Power springs

Interior (door)

  • Automotive rope wires
  • Casing wires; wires for conduits / outer casings
  • Control cables
  • Power springs
  • Sealing wires
  • Springs for locks and brakes (Bezinal)
  • Window regulator cords for vehicles

Interior

  • Automotive rope wires
  • Casing wires; wires for conduits / outer casings
  • Flexible shaft wires
  • Power springs
  • Sun visor wires

Exterior: Windscreen

  • Bezinal XC coated wire
  • Bezinal XP coated wire
  • Flat blade wire
  • Hard drawn shaped spring wire
  • Wiper arm wire
  • Wiper spring and hook wire

Exterior

  • Bead wires for tires
  • Casing wires; wires for conduits / outer casings
  • Pierce nuts in chassis
  • Reinforcing canvas for trailers
  • Spork wires
  • Steel cords for tire reinforcement
  • TAWI coating (Ternary alloy coating on wire)
  • Wheel weights wires

Drivetrain

  • Bezinal XC coated wire
  • Bezinal XP coated wire
  • Clutch spring wires
  • Control cables
  • Fine cords for timing belts
  • Hard drawn shaped spring wire
  • Metal fibers for friction materials
  • Pawl wire for one-way clutches
  • Valve collets wires

Corner

  • Bead wires for tires
  • Bezinal XC coated wire
  • Bezinal XP coated wire
  • Hard drawn shaped spring wire
  • Metal fibers for friction materials
  • Oil seal wires
  • Springs for locks and brakes (Bezinal)
  • Steel cords for tire reinforcement
  • Suspension spring wires
  • TAWI coating (Ternary alloy coating on wire)
  • Wheel weights wires

Exterior: Bumpers

  • Lightweight steel cords for reinforced plastic impact parts

History

1880 Founded by Leo Leander the Company's a small manufacturing and trading company producing barbed wire in answer to farmers' fencing problems.
1920's-70's Embarked on its international growth; first in Western Europe, later in Latin America and then in North America and Asia. The use of steel cord for rubber reinforcement, especially in radial tires, played a major role in this international growth.
1990's The internationalization of the Group has accelerated. The Company has achieved its world-wide leadership by taking maximum advantage of growth opportunities in specific niches in fast-growing markets.
Dec. 2008 Signed a letter of intent for the acquisition by the Company of 100% of the shares in Beksa Celik Kord Sanayi ve Ticaret A.S (Turkey) with Haci Omer Sabanci Holding A.S.
Mar. 2010 Completed acquisition of two Bridgestone tire cord units - BSSH, Huizhou (Guangdong Province, China) and Bridgestone Metalpha Italia S.p.A. (BMI), Sardinia (Italy)
Dec. 2011 Announced to acquire 50% of the spring wire and Aluclad (aluminium clad) of Xinyu Iron & Steel Co., Ltd.
Announced that acquire 52% of the shares in Inchalam SA, a Chile-based wire manufacturer.
Aug. 2012 Completed transaction to form a joint venture Bekaert Souther Wire Pte Ltd, with Southern Steel Berhad in Malaysia.
2015 Acquired Pirelli's steel cord activities.

Supplemental Information 1