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, 2017)
Major Shareholders % of total number of voting rights
Institutionals 36.18
Principal shareholdings 34.42
Retail & private banking 19.40
Treasury shares 6.02
Public (unidentified) 3.98
Total 100.00

Products

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

  • Mesh wires for airbag filters
  • Bezinal coated wires for springs
  • 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)
  • Stainless steel fibers for heatable textiles

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
  • Bekipor fiber media for sound attenuation

Interior

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

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 weight wires
  • Hood stays

Drivetrain

  • Fine cords for timing belts
  • Clutch spring wires
  • Valve collet wires
  • Stainless steel springs, bending parts and clamps for safety applications (Bekinox)
  • Crankcase ventilation filter media
  • Sintered fiber media for regenerator materials
  • Staple fibers for brake pads and clutches
  • Pawl wires for 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 weight wires
  • 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