Nuova Icom’s potential acquisition of the Bekaert plant in Cagliari seeks to safeguard 160 jobs and revive local steel wire production
Executive summary: Nuova Icom is preparing to acquire the Bekaert steel wire plant in Macchiareddu, Cagliari, which employs 160 workers. The potential deal could avert plant closure, preserve local jobs, and sustain the region’s steel wire production capacity.
Who is involved: Nuova Icom, Bekaert’s Cagliari facility, Sardinian union representatives, regional economic development officials, and possibly national labor authorities.
Likely next: Continued negotiations at the coordination table, followed by due diligence and the signing of a purchase agreement if terms are satisfied.
Discussions at the coordination table have advanced toward a positive outcome for the Bekaert steel wire facility in Macchiareddu, with Nuova Icom expressing interest in taking over the plant. The talks involve union representatives, local Sardinian authorities, and company stakeholders aiming to preserve the 160‑employee workforce. If an agreement is reached, the deal would prevent plant closure and maintain regional capacity for steel wire products. No further details on valuation or timing have been disclosed.
Timeline
- — Nuova Icom pronta a rilevare la Bekaert di Cagliari (Il Sole 24 Ore — Economia)
Analysis — what this means
Sectors affected
- steel wire production
- regional manufacturing in Sardinia
Historical parallels
- Ilva steel plant rescue negotiations, Taranto, 2015
- Fiat Pomigliano d’Arco plant revitalization, 2012
Sources
- Nuova Icom pronta a rilevare la Bekaert di Cagliari — Il Sole 24 Ore — Economia