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Company type | Naamloze vennootschap / Société anonyme |
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Euronext: BEKB | |
ISIN | BE0974258874 |
Industry | Manufacturing, chemicals |
Founded | Zwevegem, Belgium (1880 ) |
Headquarters | Zwevegem, Belgium |
Key people | |
Products | Steel wire, steel cord |
Brands |
|
Revenue | €5 billion (2019)[1] |
Number of employees | 28,000 (mid 2020)[1] |
Website | bekaert |
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] In 2015, Bekaert acquired Pirelli's steel cord business and will supply steel cord to Pirelli for years to come.[3] 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.[3]