Business Chief USA – August 2019

(Nora) #1

Bekaert is a global producer of steel wire and cable products including energy and telecommunications solutions.
Our products meet industry quality standards and can be refi ned to meet specifi c product or production requirements.


1 x 3 • , 1x 7 , 1x 1 9 wire strand
AC•SR and ACSS
Nex•t generation ACSR
Guy s• trand/wire, including Alumaclad

Sta•tic strand, including Alumaclad
Utili•ty staples
Me•ssenger strand/wire
A w•ide range of coatings, including Bezinal®

Bekaer t i s a strategic and long-ter m
partner for u s on stee l wire and cables.
The ir h igh qua lity, f ocus on r esearch and
inn ovation, new prod uc t d evelopment
and r esponsiveness enable Prysmian/
General Cable t o be suc cessfu l i n
ser vi ng t he market. We t ruly appr eciate
the relationship and push t o be stronger
toge ther for many years to come.”
A rvind Parsa, Director o f Metals

Get in touch! http://www.bekaert.com/powersolutions

agrees: “Setting up the new organization
was only a part of the work that had
to be done. We’re now starting the
discussions about merging the ERP
systems and the tools we need.”
Following its acquisition by Goldman
Sachs in 2005, the former Pirelli
Cables & Systems (where Schulties
also worked prior to General Cable)
was renamed Prysmian. “The company
has grown tremendously in the past
year,” explains Alivia. “We generate
approximately $4.1bn in revenue in
North America, which was more or

less what the legacy Pirelli company
was doing globally. All of the challenges
are mastered here. Since the acquisition,
we’ve been working to bring these two
entities together. North America is where
the bulk of the general cable business
was and so this is where the majority
of the effort has been placed.” That
effort has included the integration of
5,000 staff while managing fixed costs,
something that has been key to Prysmi-
an’s success as a lean organization.
Schulties admits a $3bn acquisition
invites a period of instability.

CLICK TO WATCH: ‘PRYSMIAN GROUP AND GENERAL CABLE JOIN FORCES’
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