About Bekaert
Bekaert is a company based in Zwevegem (Belgium) founded in 1880.. Bekaert has completed 1 acquisition, including Bridon-Bekaert. Bekaert offers products and services including Steel Wire, Coatings, and Synthetic Ropes. Bekaert operates in a competitive market with competitors including ZF, HELLA, Cummins, Cooper Standard and Gentex, among others.
- Headquarter Zwevegem, Belgium
- Stage Public
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Bekaert A/S
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$501.69 K (USD), Grant
Oct 01, 2021
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Investors
European Union
& 1 more
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of Bekaert
Bekaert offers a comprehensive portfolio of products and services, including Steel Wire, Coatings, and Synthetic Ropes. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Transformed steel wire for industrial applications
Coatings for enhanced durability in various sectors
Ropes for lifting and mooring in energy applications
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Funding Insights of Bekaert
- Total Funding Total Funding
- Total Rounds 6
- Last Round Grant — $501,695
- First Round First Round
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Oct, 2021 | Amount | Grant - Bekaert | Valuation |
investors |
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| Nov, 2019 | Amount | Grant - Bekaert | Valuation |
investors |
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| Jun, 2019 | Amount | Grant - Bekaert | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bekaert
Bekaert has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include European Union and Axcel. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Founded Year | Domain | Location | |
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Axcel is engaged in private equity investments for value creation.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Bekaert
Bekaert has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Bridon-Bekaert. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of rope record management, installation, maintenance, and storage & transport services
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Bekaert
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bekaert Comparisons
Competitors of Bekaert
Bekaert operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ZF, HELLA, Cummins, Cooper Standard and Gentex, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Mobility systems are developed for cars, vehicles, and industrial uses.
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| domain | founded_year | HQ Location |
Electronic components are manufactured and supplied to OEMs and aftermarket.
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| domain | founded_year | HQ Location |
Manufacturer of gas-powered construction equipment
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| domain | founded_year | HQ Location |
Systems and components for the automotive industry are supplied worldwide.
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| domain | founded_year | HQ Location |
Gentex Corporation is engaged in developing automotive and safety technologies.
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| domain | founded_year | HQ Location |
Manufacturer of bearings for the automotive industry
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Bekaert
Frequently Asked Questions about Bekaert
When was Bekaert founded?
Bekaert was founded in 1880 and raised its 1st funding round 117 years after it was founded.
Where is Bekaert located?
Bekaert is headquartered in Zwevegem, Belgium. It is registered at Zwevegem, West Flanders, Belgium.
What does Bekaert do?
Bekaert was founded in 1880 and is headquartered in Zwevegem, Belgium. Steel wire products for the automotive sector are produced and distributed by the company, with operations spanning multiple continents. Advanced materials and components are supplied to vehicle manufacturers, focusing on reinforcement and safety applications. Global facilities support research, development, and production activities in this industrial domain.
Who are the top competitors of Bekaert?
What products or services does Bekaert offer?
Bekaert offers Steel Wire, Coatings, and Synthetic Ropes.
How many acquisitions has Bekaert made?
Bekaert has made 1 acquisition, including Bridon-Bekaert.
Who are Bekaert's investors?
Bekaert has 2 investors. Key investors include European Union, and Axcel.
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