N.V. Bekaert S.A.

Company Profile

■URL

http://www.bekaert.com

■Address

Bekaertstraat 2, BE-8550 Zwevegem, Belgium

Business Overview

-The Company is a world market and technology leader in steel wire transformation and coatings.

-With steel cord and wire products, the Company is present in nearly all automobile components: in exhaust systems, in steering mechanisms and drivetrains, in seats, doors and window wiper systems, in wheel housings and bumpers, and steel cords for tire reinforcement.

-The automotive is the largest sector accounts for 38% of the Company's sales. (As of December 31, 2014)

-After the acquisition of Pirelli's steel cord activity, the Company's global market share in steel cord for tires increases to approximately 30%. (Source:research by the Company)

-The Company holds number 1 global share in Metal fiber roving. (Source:research by the Company, May 2014)

Shareholders

-Listed on NYSE Euronext Brussels.  (As of Mar. 3, 2016)
Major Shareholders % of  total number of voting rights
Stichting Administratiekantoor Bekaert 36.21
Institutionals 29.76
Retail & private banking 26.00
Treasury shares  6.75
Public (unidentified) 1.28
Total 100

Products

Automotive Components
Exhaust systems

  • Metal fiber media for diesel exhaust filtration
  • Hot gas filtration
  • Diesel exhaust filtration
  • Heating cords for SCR - Selective Catalytic Reduction
  • Stainless steel welding wires (Bekinox)
  • Closed diesel particulate filter for passive regeneration
  • Gasoline particulate filter Euro 6 - GPF direct injection engine Euro VI

Steering systems

  • Filters for airbags
  • Springs for locks and brakes (Bezinal)
  • Stainless steel springs, bending parts and clamps for safety applications (Bekinox)
  • Control cables

Interior: Seat

  • Insulator wires for car seats
  • Power springs
  • Stainless steel springs, bending parts and clamps for safety applications (Bekinox)

Interior: Door

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

Interior

  • Casing wires (wires for conduits / outer casings)
  • Power springs
  • Flexible shaft wires
  • Automotive rope wires
  • Sunvisors

Exterior: Windscreen

  • Color coated wires for wiper blades (Bezinal)
  • Flat blades (Bezalplast)
  • Wiper springs and hooks (Bezinal)
  • Wiper arms (Bezinal)

Exterior

  • Steel cords for tire reinforcement
  • Spoke wires
  • Pierce nuts (in chassis)
  • Bead wires for tires
  • Reinforcing canvas for trailers
  • Casing wires (wires for conduits / outer casings)
  • Wheel weights
  • Hood stays

Drivetrain

  • Fine cords for timing belts
  • Clutch spring wires
  • Valve collets
  • Stainless steel springs, bending parts and clamps for safety applications (Bekinox)
  • One way clutches
  • Control cables

Corner

  • Bead wires for tires
  • Springs for locks and brakes (Bezinal)
  • Stainless steel springs, bending parts and clamps for safety applications (Bekinox)
  • Steel cords for tire reinforcement
  • Wheel weights
  • Oil seal wires
  • Suspension spring wires

Exterior: Bumpers

  • Hybrid reinforcement fabric for bumper beams
  • 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