# Bekaert sells Steel Wire Solutions businesses in Chile and Peru

Bekaert reached an agreement to sell its Steel Wire Solutions businesses in Chile and Peru to its current partners. The total enterprise value is approximately US$ 350 million, with net proceeds for Bekaert's stake of US$ 136 million. The transaction is expected to close in 2023.

- Type: Acquisition
- Announced: 2023-03-01
- Where: Chile and Peru, Chile
- Value: $350.0M
- 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)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2023/03/01/2617820/0/en/bekaert-announces-the-sale-of-its-steel-wire-solutions-businesses-in-chile-and-peru.html), 2023-03-01: "Bekaert today announces it has reached an agreement on the sale of its Steel Wire Solutions businesses in Chile and Peru to its current partners."

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