22
May
08:20
Bekaert acquires Bexco
Belgian wire solution specialist Bekaert has acquired 100% shares of Hamme-headquartered Bexco for €40 million ($43m). Bexco is active in the lifting and mooring market for offshore energy and marine applications, Kallanish notes.
The merger responds to the company’s strategy to strengthen its presence in the sector as it is expected to create a global offshore rope solutions provider generating significant synergies as well as profit.
“The mov…
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