Five years after announcing the sales partnership, Bekaert has concluded buyout of the 50% Maccaferri share in the Bekaert Maccaferri Underground Solutions (BMUS) enterprise. From January 2020, the Underground Solutions team will work under the Bekaert name alone.
For staff and customers, it has been confirmed as business as usual with no difference in the service level of providing and supplying the BMUS range of Dramix®, Duomix® and Synmix® products.
The current team of engineers and employees in the underground solutions division will continue to offer customers technical guidance and support in the application of fibre reinforced concrete in underground projects, including in shotcrete and precast segment linings.
With conclusion of the buyout on 31 October, the Underground Solutions division becomes a wholly owned division of Bekaert, the global producer and supplier of steel wire and coating technologies. Headquartered in Belgium, the publicly traded company has 29,000 employees worldwide and is listed on the Euronext stock exchange in Brussels with a reported combined revenue of €5 billion.