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Business Description

TenCate Advanced Armour (“TCAA”) develops and produces lightweight composites and ceramic materials for ballistic protection of personnel and vehicles, aircraft and ships in the key end-markets defence and law enforcement. Main products are tailormade spall liner and add-on armour kits for various parts of vehicles, helicopters, and airplanes as well as a wide range of high spec ballistic plates for body armour (vests, shields).

Country

Netherlands

Sector

Manufacturing & Industrials

Since

2016

Website

tencategeo.com

Investment Thesis

TenCate Advanced Armour aims to grow the business and enhance margins by (i) finalizing the merger of the production sites and strengthening the commercial organization in the US , (ii) further developing ABDS and (iii) exploit global capabilities and relationships, amongst others through sales offices in Middle East, India and Far East.

“The cooperation with Rivean really released both a lot of energy and a lot of value for the company. I felt very well supported in the task to grow the company.“

Steen Tanderup

CEO
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