NV Bekaert SA completes expansion transactions with ArcelorMittal in Costa Rica and Brazil

Tuesday, 29 Apr 2014 08:00pm EDT 

NV Bekaert SA:Acquires, through its Bekaert Ideal Holding, majority of shares (73 pct) of ArcelorMittal SA steel wire plant in Costa Rica (renamed BIA Alambres Costa Rica SA).Sets up same shareholding structure in new Dramix plant in Costa Rica (Bekaert Costa Rica SA) and in Bekaert’s steel wire entity in Ecuador (Ideal Alambrec SA).Acquires remaining shares of the Cimaf ropes plant, by which Bekaert obtains full ownership and renames entity Bekaert Cimaf Cabos. 

Company Quote

0.12 +1.06%
19 Dec 2014