10/23/2011

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Closing of Bekaert's Qingdao Hansun Steel acquisition

As communicated in July 2011, the specialist for drawn wire products and coatings purchased, through its ­wholly-owned holding company Bekaert Wire Products Hong Kong Co. Ltd., 100 % of the shares of Qingdao Hansun Steel Co. Ltd. The company will be renamed Bekaert (Qingdao) Wire Products Co., Ltd.Bekaert is present with a manufacturing platform in China since the early nineties. The company operates 18 sites at nine locations, including 14 manufacturing plants, an R & D center and engineering plant, a trading company, and the regional headquarters Bekaert Asia. At present, more than 10,000 people are working for Bekaert in China.

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