News

  • GreenFields sets standard in Tunisia

    greenfields tunisia

    GreenFields, in collaboration with FIFA, recently organized a seminar in Hammamet (Tunisia), on various aspects of synthetic turf – from components to specifications and installation. The seminar, held on 11 and 12 March, had as its aim to increase quality awareness in Tunisia, to raise standards and bring greater structure to the Tunisian market. Five FIFA-certified pitches have meanwhile been installed, all part of the FIFA Quality Programme.

    Read more
  • Appointment Loek de Vries as member of the Supervisory Board of Royal Ten Cate

    After 26 years of employment with Royal Ten Cate (TenCate), almost 16 years of which as President and CEO, Mr Loek de Vries has, in close consultation with the Supervisory Board, decided to stand down. The Supervisory Board will shortly be considering how to fill the vacancy left by Mr De Vries. The Supervisory Board has invited Mr De Vries to join the Supervisory Board, and he has expressed his willingness to accept.

    Read more
  • Top football player Danny van Bakel brand ambassador of GreenFields in Vietnam

    danny van bakel 1

    GreenFields, part of the Grass group of TenCate and market leader in synthetic turf systems, has entered into a collaboration with Danny van Bakel. The former Dutch football professional, present member of the Vietnamese professional football club Thanh Hóa FC, has become the brand ambassador of GreenFields in Vietnam

    Being a brand ambassador, Danny van Bakel will contribute to realising GreenFields’ objective to create awareness in Vietnam of its innovative and high quality synthetic turf football systems.

    Read more
  • TenCate president and group director meet Dutch Royal couple during Netherlands Economic Mission to France

    Thermoplastic clip Airbus A350

    During the Netherlands Economic Mission to France on Friday 11 March 2016, Mr Loek de Vries, President and CEO of Royal TenCate, and Mr Frank Meurs, group director of TenCate Advanced Composites, meet in Paris His Majesty King Willem-Alexander and Her Majesty Queen Máxima of the Netherlands. 

    This special occasion also marks the joint Airbus Group and TenCate supply agreement and the cooperation and research agreement on thermoplastic composites innovation and recycling, ensuring and expanding today’s and future composite footprint on the Airbus Group products.

    Read more
  • TenCate Advanced Composites signs multi-year composites material supply agreement with Marenco Swisshelicopter

    Swiss helicopter

    TenCate Advanced Composites, a leading supplier of composite materials for aerospace and industrial applications announces a multi-year supply agreement for the SKYe SH09 next generation, multi-purpose helicopter. Marenco Swisshelicopter currently holds over 83 orders on this aircraft. No further financial details will be provided.

    Read more
  • TenCate to exhibit high volume automotive, space and aerospace applications of their composite materials at JEC World 2016

    JEC World 2016

    TenCate Advanced Composites, a market leading developer and manufacturer of advanced composite materials, will be highlighting during the upcoming JEC World 2016 exhibition in Paris, France, the latest material innovations and composite technologies for space, aerospace, automotive and industrial markets.

    Read more
  • TenCate records 5% organic revenue growth in 2015

    • Organic revenue growth of 5% for the full year 2015
    • Growth of military protective fabrics, synthetic turf systems and components, and composites
    • EBITA* € 68.3 million (2014: € 53.3 million); EBITA margin* 5.9% (2014: 5.1%)
    • Net result before exceptional items € 41.6 million (2014: € 24.1 million)
    • Positive cash flow € 48,8 million (2014: € 1,9 million)

    * EBITDA, EBITA and EBITA margin have been adjusted in this press release to take account of exceptional items, unless specifically stated otherwise

    Read more
  • 3D weaving technology TenCate basis for Mercedes-Benz Stadium Atlanta

    grass mercedes benz stadium

    As from next year, two US professional clubs will play in the brand new Mercedes-Benz Stadium in Atlanta (Georgia, USA) on a three-dimensionally woven and fully recyclable synthetic turf pitch of TenCate.
    This GreenFields® MX field for the stadium in Atlanta will be produced in the US production locations of TenCate in Dayton, Tennessee.

    Read more
  • Delisting of TenCate shares on 17 March 2016

    Koninklijke Ten Cate N.V. ("TenCate") and Tennessee Acquisition B.V. (the "Offeror") today jointly announce that as the Offeror has acquired more than 95% of all issued and outstanding ordinary shares in the capital of TenCate (the "Shares") in the public offer for all Shares by the Offeror, the Offeror and TenCate have requested Euronext Amsterdam N.V. ("Euronext Amsterdam") to co-operate with the delisting of the Shares from Euronext in Amsterdam ("Euronext") and that today Euronext Amsterdam has confirmed to the Offeror and TenCate that it has given its consent to such request. Delisting will take place on 17 March 2016 and the last day that the Shares can be traded on Euronext will therefore be 16 March 2016.

    Read more
  • R&D at TenCate Grass: ‘The sportsperson is key’

    grass biomechanica

    Within TenCate Grass, Turf Systems Development R&D is responsible for the development of the synthetic turf systems for GreenFields and TigerTurf across the world. During the research and development work, the sportsperson is of key importance for TenCate Grass. ‘Sport-technical performance and the sportsperson’s perception are of added value whatever sport is being played. And, of course we do not lose sight of playability, comfort or consistency.'

    Read more
  • Tennessee Acquisition holds 98.01% of all TenCate shares after post-acceptance period

    Highlights: 

    • During the Post Acceptance Period 12.21% of all issued and outstanding TenCate Shares were tendered for acceptance
    • Together with the 85.8% of all issued and outstanding TenCate Shares tendered for acceptance during the initial Acceptance Period under the Offer the Offeror will hold 98.01% of all issued and outstanding TenCate Shares
    • The Offeror and TenCate will request Euronext to delist the TenCate Shares as soon as possible
    • The Offeror intends to initiate statutory squeeze-out proceedings to obtain 100% of the Shares as soon as possible

    Read more
  • Geosynthetics for extension Monterey Regional Airport

    monterey regional airport overview

    Extension of the safety zone at Monterey Regional Airport entailed the lengthening of a higher plateau. In the interests of stability, TenCate Miragrid® geogrids were chosen for a robust wall embankment, bearing in mind the proximity of the San Andreas Fault.

    Read more
  • Tennessee Acquisition declares its public offer for TenCate unconditional

    Transaction highlights:
    • The Offeror declares its public offer for all TenCate Shares unconditional
    • 85.8% of all issued and outstanding Shares tendered for acceptance
    • All conditions for completion of the Offer have been satisfied or waived
    • Settlement will take place on 29 January 2016
    • Remaining Shares can be tendered in a post acceptance period commencing on 27 January 2016 and ending on 9 February 2016

    Read more
  • Percentage of shares tendered under the offer at 85.8%

    TenCate and the Offeror today jointly announce that following 17:40 hours on 21 January 2016, being the Acceptance Closing Time, 23,146,702 Shares had been tendered under the recommended public cash offer by the Offeror or committed to the Offeror subject only to the Offer being declared unconditional, at an increased Offer Price of EUR 26.00  per Share (the "Offer").

    Read more
  • Press release Tennessee Acquisition B.V. regarding increased and final offer price of € 26.00 per share

    Increased and final offer price of euro 26.00 per share in TenCate; offer to expire on 21 January 2016

    Read more
  • TenCate gives preliminary indication of annual figures 2015

    Based on preliminary reports, TenCate expects to have generated 2015 full-year sales of approximately € 1,160 million (2014: € 1,042 million) and EBITDA (excluding exceptional items) of approximately € 97.5 million (2014: € 84.6 million).

    Read more
  • TenCate to give first preliminary indication of 2015 results on 12 January 2016

    TenCate intends to give a first preliminary indication of the results for its 2015 financial year, based on initial reports, before market hours on Tuesday 12 January 2016.

    Read more
  • Tennessee acquisition B.V. extends offer period for TenCate until 17:40 hours CET on 14 January 2016


    Utrecht/Almelo, the Netherlands, 21 December 2015 – The Offeror and TenCate hereby jointly announce that the Offeror has decided to extend the Acceptance Period for the recommended public offer for all Shares in the capital of TenCate to 17:40 hours on 14 January 2016, in accordance with the terms and conditions of the Offer Memorandum and the provisions of Article 15 of the Takeover Decree.

    Read more
  • Percentage of shares tendered under the offer at 60.55%

    TenCate and the Offeror today jointly announce that following 17:40 hours on 16 December 2015, being the Acceptance Closing Time, 16,334,736 Shares had been tendered under the recommended public cash offer by the Offeror or committed to the Offeror subject only to the Offer being declared unconditional, at an Offer Price of EUR 24.60 per Share (the "Offer").  

    These tendered Shares represent approximately 60.55% of all the Company's issued and outstanding share capital (geplaatst kapitaal), i.e. excluding  475,687  Shares held in treasury by the Company. The Executive and Supervisory Board of TenCate have confirmed to the Offeror that they will not approve a waiver by the Offeror of the minimum acceptance condition (as set out in Offer Condition 3.9(b) (Acceptance Level) included in the Offer Memorandum) if the Acceptance Level is less than 66.7%. Given that the Acceptance Level is 60.55%, the Offer will not be declared unconditional on or before 21 December 2015. The Offeror will announce whether the Offer will be extended or terminated on or before 21 December 2015.

    Read more
  • Brabant-Zuidoost firefighters get new firefighting gear based on TenCate materials

    Brabant-Zuidoost firefighters gear

    TenCate Protective Fabrics has received an order for the premium TenCate Millenia™ system from the Sioen Apparel Division in Belgium. This integrated system for personal protection consists of three protective fabrics.  

    It will be used in the approximately 1,100 new units of turnout gear for the firefighters of the Brabant-Zuidoost safety region in the Netherlands. The agreement to this effect was signed 15 December 2015.

    Read more
  • CFIUS and DDTC offer conditions satisfied

    TenCate and the Offeror today jointly announce that the Offeror has received notice from the Committee on Foreign Investment in the United States ("CFIUS"), in which CFIUS confirmed that there are no unresolved national security concerns regarding the Offer.  

    This means that Offer Condition 3.9(c) (Committee on Foreign Investment in the United States) included in the Offer Memorandum is satisfied.

    Read more
  • TenCate has received no proposals other than from Gilde

    Recent media articles articles have referred to approaches by parties other than Gilde Buy Out Partners. TenCate strongly emphasises that none of these cases included a concrete proposal.  

    As mentioned earlier, Ten Cate has been approached by several parties in recent years, which has never resulted in a concrete offer. Since the announcement of the offer by Gilde, TenCate has not been approached by any other party.

    Read more
  • Conditional appointment of offerer nominees to TenCate Supervisory Board

    On Monday, 7 December 2015, the extraordinary general meeting of shareholders of TenCate ("EGM") approved the proposed appointment of Mr. E.J.  Westerink, Mr. J.H.L. Albers and Mr. B.T. Molenaar as members of the Supervisory Board of TenCate. These appointments are conditional on, and take effect upon, Settlement of the Offer.

    Read more
  • TenCate amends EGM agenda

    TenCate and Tennessee Acquisition agree that Discharge Resolution is waived as condition to the Offer.

    Read more
  • 'No difference between natural grass and synthetic turf'

    geen verschil natuurgras en kunstgras

    Scientific research shows that there is hardly any difference between artificial turf and natural grass. This was the outcome of a Knowledge Congress organized on 3 December by the KNVB, called 'The ideal field'. 

    Questions were raised like 'Is playing on artificial turf competition forgery?' and 'Can playing on synthetic turf increase the risk of injuries?'

    Read more
  • TenCate Field in a box™ for community empowerment and sustainable development

    TenCate Field in a Box

    TenCate Field in a box™ connects sports with social, educational and economic objectives. It can contribute to providing employment and help to strenghten the local community. TenCate Field in a box™ also enables TenCate to respond to the UN’s 17 global goals for sustainable development. 

    Read more
  • Out now: txtures winter 2015

    txtures winter 2015 cover

    The winter edition of txtures is available.
    Theme: Protecting People in habitats.

    txtures 4 consists of 56 pages with articles regarding the application of materials and systems (geosynthetics and synthetic turf) for infrastructure, water management and leisure.

    Read more
  • TenCate moves up in Transparency Benchmark

    JV14

    In the Transparency Benchmark of the Dutch Ministry of Economic Affairs TenCate with 171 points achieved the (shared) 28th place. 

    In the subgroup 'Industry' of the Transparency Benchmark TenCate is now in fourth place, after Akzo, Philips and DSM.

    Read more
  • Blast walls with geotextiles

    Blast walls

    The Canadian Forces Ammunition Depot Bedford (Nova Scotia, Canada) houses the ammunition for the ships of the Maritime Forces Atlantic Formation of the Canadian Navy. Several years ago new geosynthetic reinforced blast walls were constructed using TenCate Mirafi® high strength PET geotextiles

    Read more
  • Sustainable turf in Medellin

    sustainable grass in medellin news

    In a district of Medellín (Colombia) a remarkable building has been constructed: the UVA Sol de Oriente. The most striking thing about this multifunctional structure is a sports pitch, measuring 55 x 33 metres, which is installed on the roof, with a GreenFields® Slide Max XQ™ synthetic turf system covering it.

    Read more
  • Solar Team Twente second in World Solar Challenge and winner Technical Innovation Award

    solar team twente 2015

    The Solar Team Twente (NL) has won a second place in the World Solar Challenge 2015. During the closing ceremony, the Twente team is also awarded the Technical Innovation Award.

    Read more
  • Convocation Extraordinary General Meeting 7 December 2015

    EGM Convocation

    EGM Agenda with explanatory notes

    Read more
  • TenCate Trading Update Third Quarter 2015

    TenCate recorded sales of € 297 million for the third quarter of 2015 (2014 Q3: € 277 million, organic growth 2%). The group result was especially driven by the strong growth of TenCate Grass. On an organic basis, sales of TenCate Advanced Armour and TenCate Geosynthetics were down.

    Read more
  • Recommended cash offer by Tennessee Acquisition B.V. for all issued ordinary shares of Koninklijke Ten Cate N.V.

    Publication of Offer Memorandum

    Read more
  • Recent trading developments TenCate

    TenCate consolidated revenues reached € 753 million year-to-date August 2015 (year-to-date August 2014: € 658 million), with EBITA (before exceptional items) at € 43 million (year-to-date August 2014: € 30 million). For the full year 2015, TenCate continues to expect organic sales growth similar to 2014.

    Read more
  • TenCate wins contract award for integration of TenCate ABDS™ active blast countermeasure system

    ABDS

    TenCate Advanced Armor in the USA has been selected by the Defense Mobility Enterprise (DME) for its engineering expertise in active blast technology. Under contract via DME, engineers of TenCate will integrate the TenCate ABDS™ active blast countermeasure system onto the U.S. Army Combat Vehicle Prototype.

    Read more
  • STATUS UPDATE ON THE INTENDED OFFER BY TENNESSEE ACQUISITION B.V. FOR KONINKLIJKE TEN CATE N.V.

    -

    Read more
  • TenCate supplies compression molded parts to Bell 525 Relentless helicopter program

    bell helicopter

    TenCate Advanced Composites, a leading supplier of advanced composite materials for aerospace and industrial applications, has begun production of compression molded parts for the Bell 525 Relentless helicopter program. On July 1st, this program achieved its first flight. At the current time, there are approximately a dozen parts per aircraft in applications ranging from access doors to engine compartment walls.

    Read more
  • TenCate records 5% organic sales growth with net profit sharply higher at € 19.3 million

    • Organic sales growth 5% in the first half year of 2015; 2% in the second quarter of 2015
    • Total sales growth 15% in the first half of 2015; 11% in the second quarter of 2015
    • Net Profit before exceptional items € 19.3 million (2014 H1: € 10.0 million)
    • Continuing growth in synthetic turf, TenCate Defender® M and aerospace composites
    • Organic sales decrease at TenCate Geosynthetics and TenCate Advanced Armour
    • Margin improvement from high occupancy and higher gross margins in synthetic turf and from growth in high-margin product categories
    • EBITA* € 33.1 million (2014 H1: € 24.3 million)
    • EBITA margin* 5.8% (2014 H1: 4.9%), second quarter 7.7% (2014 Q2: 6.9%)
    • Restructuring charges TenCate Advanced Armor USA € 1.8 million
    • Divestment of TenCate Enbi and Xennia Technology 
    • Net debt € 224.3 million (2014 H1: € 213.4 million)
    • Net debt / EBITDA ratio 2.63 (2014 H1: 2.87)

    Read more
  • GILDE BUY OUT PARTNERS LEADS CONSORTIUM TO MAKE A RECOMMENDED CASH OFFER FOR ALL SHARES OF TENCATE

    Almelo/Utrecht, 20 July 2015 – Royal Ten Cate N.V. and Tennessee Acquisition B.V., a company controlled by a consortium of investors led by Gilde Buy Out Partners and also including Parcom Capital and ABN Amro Participaties, today jointly announce that they have reached conditional agreement on an intended recommended full public offer for TenCate of EUR 24.60 (cum dividend) in cash per ordinary share of TenCate, subject to customary conditions (the Offer). The Offer Price represents a premium of 26.8% to the closing price of 17 July 2015, and a premium of 27.1% to the average closing price for the 12 months prior to and including that date.

    Read more
Blue fabric (Tecawork Blue 65287)