Draka's historical highlights
From the start in 1910, Draka has grown significantly over the years. Below you will an overview with the main achievements in the past 99 years.| 1910 |
Draka was founded by Jan Teewis Duyvis, under the name: Hollandsche Draad & Kabel Fabriek (Dutch Wire & Cable Factory) |
| 1970 |
Draka was acquired by Philips N.V. and became part of the division
Wire & Cable |
| 1986 |
Draka Holding N.V. became independent via a buy out financed by
Parcom and Flint Beheer |
| 1988 |
Acquisition of Boston Insulated Wire (USA & UK) |
| 1989 |
Acquisition of Kabelwerke Wagner 50% (Germany) Acquisition of Communication & Control engineering (UK) |
| 1990 |
Acquisition of Chromatic Technologies (USA) |
| 1991 |
Acquisition of Industria Cunha Barros 50% (Portugal) Listed on the stock market (Euronext Amsterdam) |
| 1992 |
Acquisition of NEK (USA & UK) Acquisition of Sindutch Cable Manufacturer (Malaysia) |
| 1993 |
Acquisition of Philips Optical Fibres & Yangtze Optical Fibres 37.5%
(NL & China) Acquisition of Coquesa (Spain) Acquisition of Ralocar (Spain) |
| 1994 |
Acquisition of Kabelwerke Wagner remaining 50% (Germany & Turkey) Acquisition of Höhn (Germany) Acquisition of Suzhou 60% (China) Acquisition of NKT 70% (Denmark) Acquisition of Kabelwerke Reinshagen (Germany) |
| 1995 |
Acquisition of White Holding Group 70% (NL & UK & France) Acquisition of White Insulated Cable 28% (NL) Acquisition of Associated Cables 48% (India) |
| 1996 |
Acquisition of Draka NKT remaining 30% (Denmark) Acquisition of White Holding Group remaining 30% (NL & UK & France) Acquisition of White Insulated Cable remaining 72% (NL) |
| 1997 |
Acquisition of Gifi (France) Acquisition of Cedegalsa (Spain) Acquisition of Suzhou Draka Cable remaining 40% (China) Acquisition of Oman Cable Industry 34.7% (Oman) Disposal of BIW Connectors (USA) Acquisition of Tamaqua Cable (USA) |
| 1998 |
Joint Venture NK Wuhan Cable (China) |
| 1999 |
Acquisition of MCI Cable Co. 64% (Thailand) Acquisition of Delta (UK) Acquisition of Republic Wire & Cable (USA) Acquisition of NKF (NL) Acquisition of the cable activities of ABB (Norway & Sweden) |
| 2000 |
Joint venture of Draktel 50% (Brasil) Acquisition of Telcon 28% (Brasil) Acquisition of NK RF Brasil 78% (Brasil) Acquisition of ANK remaining 50% (Brasil) Acquisition of rubber cable activities from Felten & Guilleaume Kabelwerke (Germany) |
| 2001 |
Disposal of Industrias Cunha Barros 50% (Portugal) |
| 2003 |
Acquisition of Atlas Metal Works (USA) |
| 2004 |
Draka & Alcatel form Draka Comteq B.V.; Draka owns 50.1% and Alcatel
49.9% Change in organisational structure: Draka divided its activities into two groups: Draka Cableteq & Draka Comteq Disposal of the copper datacommunication cable activities (USA) |
| 2005 |
Disposal of NKF Electronics (NL) & NK Networks & Services (Germany) Acquisition of Oakwell Engineering 29.9% (Singapore) |
| 2006 |
Acquisition of insulated cable activities from International Wire
Group (USA) in Cebu, (Philippines) and Durango (Mexico) Acquisition of Cornelia Thies Kabeltechnik (Germany) |
| 2007 |
Draka acquires full ownership of Draka Comteq B.V. |
| 2008 |
Acquisition of DeBiase Lift Components s.r.l. in Milan (Italy) |
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Last Update
Friday, 19 March 2010
(GMT +01:00)