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03-11-2013

Cato Composite Innovations/Cato Composites: Merger

Cato Composites AS, Halden, Norway, and Cato Composite Innovations BV, Doesburg, Netherlands, are merging to one company and location. Both companies have been active in thermoplastic composite component development and manufacturing since respectively 1996 and 2008.

Both companies agreed on the acquisition of the equipment and thermoplastic composite technology of Cato Norway by Cato NL. The transaction includes the military helmet production line with a capacity of 90,000 helmets/year and a production line for composite consumer electronic housings with a capacity of up to 2 million components/year. The equipment is currently being installed at Cato NL in Doesburg.

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