The parent company VCST IP is a Belgian legal entity, with 100% ownership over its regional subsidiaries and as of mid-2016 owned by the international industrial group BMT (www.bmt.lu)
BMT Group is an industrial family-owned holding with companies throughout the world that are active in high-precision machining of gears and transmissions on the one hand, and the manufacturing of moulds for glassware and the design and setup of annealing lehrs on the other.
With over 3000 employees on 3 continents BMT Group realized a consolidated turnover of 306 million euro in 2015, of which 113 million generated by IGW.
The merge of VCST and IGW will create a new "Gear Division" within the BMT Group and will be organized according to 3 Business Lines of which VCST will primary focus on the Automotive & On-Road portion of the Business.
Ever since its existence VCST has grown together with its Key customers. That is why over the recent years as a result of the globalizing economy VCST has developed new locations to create customer proximity and service.
Think global, Act local is a strategic anchor point for the company that supports our customer base and allows quick time to market taking full benefit from local resources.
Meanwhile VCST has manufacturing operations in 6 countries spread over the 3 main Automotive Continents.