COMPANY NEWS

Bekaert buys out Maccaferri partnership share 12 Dec 2019

TunnelTalk reporting

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.

References

COMPANY NEWS Bekaert + Maccaferri form sales partnership 20 June 2014
TunnelTalk Reporting
Forming a fibre partnership

Forming a fibre partnership

Steel fibre suppliers Bekaert and Maccaferri have announced plans to establish a 50/50 sales and distribution joint venture for underground construction reinforcement solutions.
The joint venture is intended to promote on a global basis the use of advanced reinforcement solutions for underground construction projects. It will combine the sales and distribution of Bekaert's Dramix® steel fibres for the reinforcement of concrete in underground construction projects, such as shotcrete and precast applications, with Maccaferri's complementary underground solutions, such as steel arches, concrete chemicals and glass fibre soil consolidation elements. The joint venture will be serving underground construction markets on a worldwide basis, except in mainland China and Hong Kong, Argentina, Brazil, Paraguay, Peru, and Uruguay, where Bekaert and Maccaferri will continue to operate independently.
The establishment of the joint venture is subject to customary closing conditions. Specifics of how the association is to work in detail are yet to be announced.
References
TunnelTECH: Fibre-reinforced concrete for precast segmentsTunnelTalk, May 2014

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