- 12 December 2007 -
TenCate acquires US armour maker

TENCATE Aerospace & Armor Composites has signed a Letter of Intent to acquire Composix Co, a US manufacturer of composite armour products. The acquisition will give Dutch group TenCate a bigger presence in the USA – the largest global armour products market – and a strong position in the military vehicle armour sector.

TenCate expects that the final share purchase agreement will be completed by the end of January 2008. The purchase is subject to government approval in the USA.

Composix, based in Newark, Ohio, produces armour products based on fibre reinforced composites and ceramics for the protection of vehicles, aircraft, ships and military personnel. The company currently has annual sales of approximately US$100 million.

TenCate; www.tencate.com

<<back

To receive news and features like this every week direct to your inbox sign-up for RP Weekly.

Simply register your details to receive this free email roundup of the latest from the composites industry.

If you would like to advertise on RP Weekly please contact our sales team.

If you have some news for the composites industry or would like to comment on any of the articles on this site, contact our editorial team.

You can also access the full list of contacts here.