Bekaert Group

Bekaert Group is a Belgium-based international company specializing in advanced metal transformation and materials coating. The company primarily processes wire rod into high-quality steel wire, which can be transformed through mechanical deformation and heat treatment into extremely fine wires applicable across various industrial sectors. Their products serve numerous industries, including automotive, construction, energy, agriculture, and consumer goods, addressing needs such as friction reduction, corrosion resistance, and improved adhesion. Bekaert operates four main segments: rubber reinforcement, steel wire solutions, specialty businesses, and the Bridon-Bekaert Ropes Group. With a strong emphasis on technological and market leadership, Bekaert invests in growth regions such as China, India, Russia, and Latin America while maintaining a solid presence in traditional markets like Western Europe and North America, all with the goal of achieving sustainable and profitable growth.

Yves Kerstens

CEO and Board Member

Inge Schildermans

SVP Energy Transition

Oswald Schmid

CEO and Board Member

15 past transactions

Ionomr

Series A in 2023
Ionomr is pioneering and commercializing the world's most advanced ion-exchange materials. These provide an enabling platform for clean tech solutions after more than five decades of stagnation in available materials. Using our deep knowledge of scalable electrochemical systems, we enable more efficient systems that will lead to the decarbonization of the planet for future generations. To date, electrochemical applications in the clean tech realm use materials that contain toxic fluorinated chemicals (PFCs). PFCs leach into water sources and bioaccumulate for hundreds of years, having a dire impact on human health and the entire ecosystem. We are driven to replace these materials with our environmentally friendly hydrocarbon alternatives that reduce pollution at the source, and are proven to be more durable and efficient than incumbent materials. Ionomr's membranes and polymers are highly processable, which allow for simple integration into electrochemical systems. We enable optimal performance in applications for chemical & water remediation, energy storage and hydrogen. We are passionate about empowering the development of resilient and sustainable systems that will underlie the future of the renewable energy and circular chemical economies.

Pajarito Powder

Series B in 2022
Pajarito Powder, LLC, based in Albuquerque, New Mexico, manufactures advanced non-platinum group metal oxygen reduction catalysts for fuel cell applications. The company specializes in products for stationary backup power systems, materials handling equipment, and portable power solutions, including auxiliary power units and battery recharging stations. Pajarito Powder also develops engineered electrolyzer catalysts and precious metal-free catalysts aimed at enhancing cost efficiency and stability for next-generation applications. Utilizing its proprietary VariPore manufacturing platform, the company tailors the physical characteristics of its materials to meet specific customer requirements, ensuring optimal performance and durability in fuel cells. Founded in 2012 and formerly known as Verge NewTech I, Pajarito Powder combines extensive experience in catalyst development and a strong portfolio of intellectual property to support its mission of providing high-performance, affordable catalyst technology.

Iosil Energy

Private Equity Round in 2012
Iosil Energy Corporation produces "high purity polysilicon," the essential raw material for solar cells. The Corporation was founded in 2007, with its R&D facilities located in the National Institute for Nanotechnology In Edmonton, Alberta. The company has demonstrated its ability to produce high-purity solar grade polysilicon from the waste material (or “kerf”) created by wafer sawing operations, saving costs.

Cymbet

Series C in 2010
Cymbet develops market eco-friendly, biocompatible rechargeable solid state batteries that provide electronic systems designers with new embedded power capabilities. Cymbet’s EnerChip batteries allow new concepts in energy storage application for ICs and new products for medical, sensor, RFID, industrial control, communications, and portable electronic devices. Their new single chip Power Management Real-Time Clock (PMRTC) device is a world class device and among the lowest power RTCs in the industry.

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 specializing in metal filters and filtration systems. With a workforce of 125 employees, the company is recognized as a significant player in the production of metal fiber-based industrial process filters. These filters are predominantly utilized in the polymer industry, where they serve to remove impurities from molten raw materials during production, thereby ensuring the quality of synthetic fibers and films. The company offers a diverse range of filter media, including sintered fiber media, laser perforated screens, and wedge wire, along with filtration sands like stainless steel powder and silica sand. Additionally, Southwest Screens & Filters provides various filter elements and systems, such as gaskets, membranes, and spin pack filters, catering to the specific needs of their clients in industrial filtration.

Cymbet

Series B in 2004
Cymbet develops market eco-friendly, biocompatible rechargeable solid state batteries that provide electronic systems designers with new embedded power capabilities. Cymbet’s EnerChip batteries allow new concepts in energy storage application for ICs and new products for medical, sensor, RFID, industrial control, communications, and portable electronic devices. Their new single chip Power Management Real-Time Clock (PMRTC) device is a world class device and among the lowest power RTCs in the industry.

Innovative Specialty Films

Acquisition in 2001
Innovative Specialty Films is a privately held company specializes in manufacturing, marketing and developing highly specialized thin films applied onto flexible polymeric substrates.

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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