Bekaert

Zwevegem, Belgium Founded: 1880 • Age: 146 yrs
Automotive steel wire components are manufactured and supplied globally.
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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
  • Sectors
    Transportation, Automotive & Logistics
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Bekaert A/S
Operational Areas
Transportation, Automotive & Logistics → Automotive Manufacturing & Engineering
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $501.69 K (USD), Grant

    Oct 01, 2021

  • Investors
  • 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.

Primary

Transformed steel wire for industrial applications

Coatings for enhanced durability in various sectors

Ropes for lifting and mooring in energy applications

People of Bekaert
Headcount 10000+
Employee Profiles 5
Employee Profiles
People
Seppo Parvi
Chief Financial Officer
People
Devendra Mishra
Finance Director
People
Sophie Wesche
Group Fp&a Director

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Teams

Funding Insights of Bekaert

  • Total Funding
  • Total Rounds 6
  • Last Round Grant — $501,695
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Oct, 2021 Amount Grant - Bekaert Valuation

investors

Nov, 2019 Amount Grant - Bekaert Valuation

investors

Jun, 2019 Amount Grant - Bekaert Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

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.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
Founded Year Domain Location
Axcel is engaged in private equity investments for value creation.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of rope record management, installation, maintenance, and storage & transport services
2016
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Bekaert

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Bekaert Comparisons

Employees
+
Add Comparison
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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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Electronic components are manufactured and supplied to OEMs and aftermarket.
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Manufacturer of gas-powered construction equipment
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Systems and components for the automotive industry are supplied worldwide.
domain founded_year HQ Location
Gentex Corporation is engaged in developing automotive and safety technologies.
domain founded_year HQ Location
Manufacturer of bearings for the automotive industry
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

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?

Bekaert's top competitors include Cummins, SEDEMAC and Valeo.

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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