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Koninklijke Ten Cate B.V.

Koninklijke Ten Cate B.V.

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Publicatie datum 01 feb 2008 - 11:00
Statutaire naam Koninklijke Ten Cate B.V.
Titel Acquisition by TenCate on American market for vehicle protection
Bericht TenCate Aerospace & Armor Composites group has signed a Letter of Intent to acquire the armor company Composix Co. (Newark, Ohio, USA). TenCate has been given exclusivity to conduct a final due diligence process. The expectation is that the final share purchase agreement will be completed prior to the end of January 2008. The purchase is subject to government approval in the United States. TenCate Aerospace & Armor Composites USA operates in the American market mainly in the field of composite materials for use in civil and military aviation, aerospace and industrial applications and in the armor market for personal, vehicle, aircraft and watercraft protection. (Anti-Ballistics).