# Bekaert and Almasa to merge steel wire activities in Colombia

Bekaert and Almasa SA agreed to merge Proalco SAS with Almasa's steel wire activities in Colombia, creating a 50/50 joint venture with combined revenue of €65 million in 2019.

- Type: Partnership
- Announced: 2021-01-04
- Where: Colombia, Colombia
- Status: announced
- Products: steel wire products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Bekaert](https://endata.com/companies/15869.md) (partner)
- [Almasa SA](https://endata.com/companies/50184.md) (partner)

## Sources

- [wirenet.org](https://wirenet.org/industry-news/bekaert-and-almasa-plan-to-merge-the-activity-of-proalco-sas-in-colombia/), 2021-01-05: "Bekaert and Almasa SA agreed to merge Proalco SAS, a Bekaert subsidiary, with Almasa’s steel wire activities in Colombia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.