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  2. World Encyclopedia
  3. Bekaert - Wikipedia
Bekaert - Wikipedia
From Wikipedia, the free encyclopedia
NV Bekaert SA
Company typeNaamloze vennootschap / Société anonyme
Euronext: BEKB
ISINBE0974258874 Edit this on Wikidata
IndustryManufacturing, chemicals
FoundedZwevegem, Belgium (1880 (1880))
HeadquartersZwevegem,
Belgium
Key people
ProductsSteel wire, steel cord
Brands
  • Dramix
  • Motto
  • Gaucho
Revenue€5 billion (2019)[1]
Number of employees
28,000 (mid 2020)[1]
Websitebekaert.com

N.V. Bekaert S.A. (Euronext Brussels: BEKB) is a global company with headquarters in Belgium, employing 28,000 people worldwide. Its primary business is steel wire transformation and coatings. Operating in 45 countries, Bekaert generated combined sales of €5.1 billion in 2019.[2]

Organisation

Board

The Board of Directors is the company's supreme decision-making body in all matters other than those, in respect of which decision-making powers are reserved to the General Meeting of Shareholders by law or the articles of association.[3] The Board of Directors delegates its management and operational authority to the Bekaert Group Executive. The main task of the Board is to determine the company's general policy and supervise its activities.[citation needed]

The Board of Directors has 10 members:[3]

  1. Jürgen Tinggren (Chairman of the Board of Directors)
  2. Yves Kerstens (Chief Executive Officer)
  3. Henriette Fenger Ellekrog
  4. Christophe Jacobs van Merlen
  5. Maxime Parmentier
  6. Eriikka Söderström
  7. Caroline Storme
  8. Emilie van de Walle de Ghelcke
  9. Henri Jean Velge
  10. Mei Ye

Acquisitions

In 2015, Bekaert acquired Pirelli's steel cord business and will supply steel cord to Pirelli for years to come.[4] Steel cord provides strength to the rubber car tire. This was the largest acquisition in Bekaert's history, adding approximately 300 million euros per year to consolidated sales.[4]

In January 2026, it was announced that Bekaert had agreed to acquire Bridgestone’s tyre reinforcement business in China and Thailand for €60 million. The transaction, which includes two manufacturing facilities, is expected to close in the first half of 2026 subject to regulatory approvals.[5]

References

  1. ^ a b "Annual results 2018". Bekaert.
  2. ^ "Bekaert Annual Report | AR 2019". annualreport.bekaert.com. Archived from the original on 2022-03-30. Retrieved 2020-07-24.
  3. ^ a b "Board". Bekaert. Retrieved 2019-07-18.
  4. ^ a b "Bekaert heeft overname staalkoordactiviteiten Pirelli afgerond". Het Laatste Nieuws. 2015-03-27. Retrieved 2024-03-04.
  5. ^ World, Automotive (2026-01-29). "Bekaert acquires Bridgestone plants in China, Thailand". Automotive World. Retrieved 2026-01-29.


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