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01-17-2013

TenCate Acquires Amber Composites

TenCate Advanced Composites, Nijverdal, Netherlands, has reached an agreement on the acquisition of Amber Composites, Nottingham, United Kingdom, a manufacturer of thermoset composites for the industrial and automotive market.

The major portion of the global composite market consists of thermoset materials. The activities of TenCate in this market are mainly focused on aerospace, space and radome applications and within TenCate Advanced Composites concentrated in the United States of America. The acquisition of Amber Composites will help accelerate activities in the European market in the field of thermoset composite materials. No financial details will be communicated regarding this transaction.

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