Bekaert Group

Bekaert is a global company headquartered in Zwevegem, Belgium, specializing in advanced steel wire transformation and coating technologies. Founded in 1880, it provides a diverse range of products across multiple sectors, including automotive, construction, energy, agriculture, and consumer goods. The company focuses on four main segments: rubber reinforcement, steel wire solutions, specialty businesses, and the Bridon-Bekaert Ropes Group. Bekaert transforms wire rod into highly specialized wires and cables, which can be as fine as 1/50th the thickness of a human hair, and develops innovative coating technologies to enhance product performance. Its offerings aim to reduce friction, improve corrosion resistance, and increase adhesion with other materials. Bekaert also invests in growth regions like China, India, Russia, and Latin America while maintaining a strong presence in Western Europe and North America. Through its commitment to technological advancement and sustainable growth, Bekaert seeks to achieve market leadership in its industry.

Yves Kerstens

Divisional CEO Specialty Businesses and COO

Inge Schildermans

SVP Energy Transition

13 past transactions

Iosil Energy

Private Equity Round in 2012
Iosil Energy Corporation specializes in the production and marketing of high-purity polysilicon, a critical raw material for solar cells. Founded in 2007 and headquartered in Groveport, Ohio, the company has established research and development facilities at the National Institute for Nanotechnology in Edmonton, Alberta. Iosil Energy utilizes innovative technology to purify silicon from waste material generated by wafer sawing operations, known as "kerf." This process not only enhances the purity of the polysilicon produced but also reduces energy consumption and equipment requirements, allowing for a more cost-effective solution for clients in the solar industry.

Cymbet

Series C in 2010
Cymbet Corporation specializes in designing and manufacturing eco-friendly, biocompatible rechargeable solid-state batteries for microelectronic systems. Founded in 2000 and based in Elk River, Minnesota, the company provides innovative energy storage solutions, including its EnerChip batteries, which cater to various industries such as medical, industrial control, telecommunications, and the Internet of Things. Cymbet's products are characterized by their low self-discharge rates and environmentally friendly composition, allowing for easy disposal and integration into electronic devices. The company also offers power management components and evaluation kits to assist electronics designers in expediting product development. Cymbet markets its products through a network of local sales representatives and global distributors, ensuring a wide reach across multiple sectors.

Beksa Steel Cord Manufacturing

Acquisition in 2008
Beksa manufactures steel cord products and Dramix metal fibres for a variety of industrial applications, including the tyre and automotive industry. The company employs about 330 people and recorded sales of 80 million euros in 2006.

SAGE Electrochromics

Series B in 2007
SAGE Electrochromics, Inc. engages in the manufacture and sale of insulating glass units and control systems to window and skylight manufacturers in the residential marketplace. The company also provides windows, skylights, and curtain walls for commercial and institutional buildings. It offers its products to owner-occupied office spaces, museums, libraries, art galleries, health care facilities, religious facilities, aviation facilities, high-tech or image buildings, and atriums and overhead daylight openings. SAGE Electrochromics, Inc. was founded in 1989 and is based in Faribault, Minnesota. As of November 10, 2010, SAGE Electrochromics, Inc. operates as a subsidiary of Saint-Gobain.

Uralkord

Acquisition in 2006
Uralkord is a manufacturer and producer of bead wire and steel cord products. It was founded in 2000 and is based in Magnitogorsk, Russian Federation.

Cold Drawn Products

Acquisition in 2006
Cold Drawn Products is a manufacturer and marketer of precision section, flat, and trapezoidal steel wire products in the United Kingdom and internationally.

Aluheat B.V.

Acquisition in 2006
Aluheat B.V. is a privately held company provides condensing boiler technology to manufacturers in the boiler industry.

Delta Wire Corp.

Acquisition in 2006
Delta Wire Corporation, located in Clarksdale (Mississippi), is a major supplier of bead wire for tire reinforcement, as well as of a wide range of specialized wire products for the North American market.

ECC Card Clothing

Acquisition in 2005
ECC Card Clothing is a privately held metals manufacturing company and supplies card clothing products. The company offers various card clothings and accessories.

Southwest Screen & Filters

Acquisition in 2005
Southwest Screens & Filters is a designer and manufacturer metal filters and systems. The company employs 125 people and is one of the world players in metal fibre based industrial process filters. These filters are used mainly in the polymer industry for filtering possible impurities out of the molten raw material during the production process, to ensure the good quality of the synthetic fibre or film.

Cymbet

Series B in 2004
Cymbet Corporation specializes in designing and manufacturing eco-friendly, biocompatible rechargeable solid-state batteries for microelectronic systems. Founded in 2000 and based in Elk River, Minnesota, the company provides innovative energy storage solutions, including its EnerChip batteries, which cater to various industries such as medical, industrial control, telecommunications, and the Internet of Things. Cymbet's products are characterized by their low self-discharge rates and environmentally friendly composition, allowing for easy disposal and integration into electronic devices. The company also offers power management components and evaluation kits to assist electronics designers in expediting product development. Cymbet markets its products through a network of local sales representatives and global distributors, ensuring a wide reach across multiple sectors.

Innovative Specialty Films

Acquisition in 2001
Innovative Specialty Films is a privately held company focused on the manufacturing, marketing, and development of specialized thin films. The company is known for its expertise in sputter roll coating, which allows it to create highly specialized sputtered thin films that are applied to flexible polymeric substrates. By leveraging advanced technologies, Innovative Specialty Films produces innovative solutions that cater to various applications in different industries, emphasizing quality and performance in their product offerings.

Joseph Sykes Brothers

Acquisition in 2001
Joseph Sykes Brothers is a privately held manufacturer and producer of card clothing, machinery used in cotton production.
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