Bekaert Acquires Dextra for €140 Million

Bekaert, a leading advanced materials and engineering solutions company, has agreed to acquire Dextra, a prominent provider of sustainable construction reinforcement solutions, for an enterprise value of €140 million. This acquisition is expected to bolster Bekaert’s Sustainable Construction offering and solidify its position in the market.

The transaction, which is anticipated to close during the first half of 2027, subject to regulatory approvals and customary closing conditions, marks a significant step for Bekaert.

Bekaert will host a conference call for analysts and investors on November 5, at 15:00 p.m. CET / 9:00 a.m. EST. During the call, Olivier Biebuyck, CEO, and Seppo Parvi, CFO, will provide more details on the acquisition and its implications for the company. The call can be accessed live upon registration, and a recording will be available on Bekaert’s website afterward.

Olivier Biebuyck will also be available for media interviews on November 5, between 13:30 and 14:45 p.m. CET, for those interested in speaking with him about the acquisition and its broader impact on the industry.

This move underscores Bekaert’s dedication to innovation and sustainability in the construction sector. With the integration of Dextra, Bekaert aims to offer a broader range of sustainable solutions to its clients, contributing to more environmentally conscious construction practices.