# Solmax acquires TenCate Geosynthetics

Solmax, a global leader in polyethylene geomembranes, has reached an agreement to acquire TenCate Geosynthetics, a provider of geosynthetics and industrial fabrics. CDPQ and Fonds de solidarité FTQ are investing in the transaction.

- Type: Acquisition
- Announced: 2021-04-07
- Status: announced
- Products: polyethylene geomembranes, geosynthetics, industrial fabrics
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Caisse de dépôt et placement du Québec](https://endata.com/companies/322.md) (investor)
- [Fonds de solidarité FTQ](https://endata.com/companies/323.md) (investor)
- [Solmax Group](https://endata.com/companies/28963.md) (acquirer)
- [Koninklijke Ten Cate B.V.](https://endata.com/companies/30746.md) (partner)
- [TenCate Geosynthetics](https://endata.com/companies/54311.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/solmax-the-worlds-leading-geosynthetics-manufacturer-acquires-tencate-geosynthetics-301264334.html), 2021-04-07: "This is the joining of two leading companies in their respective segments, recognized globally for the quality of their products and services, that are bringing their geosynthetic products together under the same roof for the first time."
- [cbinsights.com](https://www.cbinsights.com/company/tencate-geosynthetics), 2021-04-07: "On April 7th, 2021, TenCate Geosynthetics was acquired by Solmax."
- [geosyntheticsmagazine.com](https://geosyntheticsmagazine.com/2021/04/08/solmax-acquires-tencate-geosynthetics/), 2021-04-08: "Solmax announced it has reached an agreement with Koninklijke TenCate (the Netherlands) on the acquisition of TenCate Geosynthetics, a global provider of geosynthetics and industrial fabrics."
- [nonwovens-industry.com](https://www.nonwovens-industry.com/breaking-news/solmax-to-acquire-tencate-geosynthetics/), 2021-04-26: "This is the joining of two leading companies in their respective segments, recognized globally for the quality of their products and services."

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