The company generated sales in excess of EUR 200 million in 2014. With its business model, Bekaert Textiles shows potential for a long-term, sustainable growth and value creation. “As a family-equity company, Bekaert Textiles allows us a first, but important step to diversify our current portfolio”, explained Stephan Gemkow, Haniel CEO.

“We are pleased that under the new guidance of Haniel, Bekaert Textiles will be able to continue its successful course of the previous years with new options for growth. We wish the company, its management and shareholders the very best for the future,” said Jan Albers, CEO of Gamma Holding.

Global operations

Bekaert Textiles, headquartered in Waregem, Belgium, is active in all major regions of the world with its sales and dedicated production sites. Core sales regions are Europe at 35%, the Americas at 50%, as well as Asia/Pacific.

Besides the increasing populations, especially in emerging markets, the rising standard of living in these regions is a particularly important driver of growth. In developed regions, the company and its high-quality products benefit from the increasing demand for comfort and increasing environmental awareness.

Top management

The management team has extensive market and industry knowledge, as well as an outstanding reputation. “We are delighted that the management welcomed our acquisition and want to continue the development of Bekaert Textiles’ business together with us,” commented Stephan Gemkow.

“This shift in shareholder is good news for Bekaert Textiles’ employees and our customers as this transaction fully supports our continued growth strategy and does not impact companies’ employees nor its operations,” said Dirk Vandeplancke, CEO of Bekaert Textiles.

www.haniel.de