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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.
Toray Industries has agreed to acquire TenCate Advanced Composites from Koninklijke Ten Cate for €930 million ($1.1 billion). The deal is expected to close in the second half of 2018.
Toray Industries Inc. agreed to acquire TenCate Advanced Composites from Koninklijke Ten Cate B.V. for an enterprise value of €930 million. The acquisition will expand Toray's high-performance thermoplastic and thermoset composites offering for aerospace and industrial markets.