Belgian steel cord and wire manufacturer Bekaert has agreed to acquire Thailand-based construction reinforcement solutions provider Dextra. The enterprise value is €140 million. The deal is expected to close in the first half of 2027, subject to regulatory approvals and customary closing conditions.
The acquisition will add Dextra’s rebar couplers, glass-fibre-reinforced polymer solutions and engineering services to Bekaert’s portfolio. Dextra supplies products for major infrastructure projects, including airports, tunnels, power stations and ports.
Bekaert expects the deal to strengthen its presence in Europe, the Middle East, Africa and Asia, while creating opportunities to expand Dextra’s products into North America. The combined business will offer a broader range of reinforcement products and engineering services, with a focus on improving construction efficiency and reducing environmental impact.
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