BEKAERT has acquired 100% of the shares of BEXCO, with this transaction, the activities of BEKAERT synthetics will be combined with those of BEXCO, creating a high-quality global leader in synthetic marine and offshore mooring and lifting solutions. With this acquisition of BEXCO, BEKAERT wants to position itself in the offshore wind energy market and become a long term player.

Supporting the energy transition is in line with BEKAERT’s sustainability strategy. Wind turbines at sea are being placed further and further into the sea, to anchor them to the seabed very strong ropes are necessary. With BEXCO specialized in making ropes for great depths, BEKAERT wants to be ready. To prepare for these future projects, smaller offshore wind farms off the coast in Spain and France are already being tested.

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