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27 Apr
10:05

Bekaert acquires full ownership of Bridon-Bekaert ropes

Belgian wire specialist Bekaert and Ontario Teachers’ Pension Plan have reached an agreement in principle for the acquisition by Bekaert of the latter’s 33% equity share in Bridon-Bekaert Ropes Group. The ropes and advanced cords business will become a wholly owned subsidiary of Bekaert, the company says in a statement seen by Kallanish. Taking full ownership of Bridon-Bekaert Ropes Group responds to the ambitions and strategy of Bekaert to grow…
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