M&A Deal Summary

Soleras Advanced Coatings Acquires Bekaert Advanced Coatings NV

On March 30, 2012, Soleras Advanced Coatings acquired chemicals company Bekaert Advanced Coatings NV from Bekaert

Acquisition Highlights
  • This is Soleras Advanced Coatings’ 1st transaction in the Chemicals sector.
  • This is Soleras Advanced Coatings’ 1st transaction in Belgium.

M&A Deal Summary

Date 2012-03-30
Target Bekaert Advanced Coatings NV
Sector Chemicals
Buyer(s) Soleras Advanced Coatings
Sellers(s) Bekaert
Deal Type Merger

Target

Bekaert Advanced Coatings NV

Deinze, Belgium
Bekaert Advanced Coatings NV is a provider of coatings services for automotive, construction, offshore, and telecom industries.

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Buyer(S) 1

Buyer

Soleras Advanced Coatings

Biddeford, Maine, United States

Category Company
Founded 1968
Sector Chemicals
DESCRIPTION

Soleras Advanced Coatings is a provider of advanced materials and solutions used in the deposition of thin film coatings.


DEAL STATS #
Overall 1 of 1
Sector: Chemicals M&A 1 of 1
Type: Merger M&A Deals 1 of 1
Country: Belgium M&A 1 of 1
Year: 2012 M&A 1 of 1

Seller(S) 1

SELLER

Bekaert

Zwevegem, Belgium

Category Company
Founded 1880
Sector Metals/Mining
Employees21,000
Revenue 4.0B EUR (2024)
DESCRIPTION

Bekaert is a market and technology provider in steel wire transformation and coatings. Improving both the bulk and surface properties of steel wire products. Bekaert was incorporated in 1880 and is based in Zwevegem, Belgium.


DEAL STATS #
Overall 2 of 4
Sector: Chemicals M&A 1 of 1
Type: Merger M&A Deals 1 of 2
Country: Belgium M&A 1 of 3
Year: 2012 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-25 Praesidiad

Birmingham, United Kingdom

Praesidiad is a producer of force protection solutions, integrated perimeter security systems, and industrial mesh production and fencing products. Praesidiad is based in Birmingham, United Kingdom.

Sell €282M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-28 Pirelli Tyre - Steel Cord Business

Figline Valdarno, Italy

Pirelli - Steel Cord Business manufactures steel cord. The Unit has operations and manufacturing sites in Figline Valdarno, Italy; Slatina, Romania; Izmit, Turkey; Yanzhou, China; and Sumarè, Brazil.

Buy €255M